In a bid to prevent the Thiruvananthapuram international airport from falling into the hands of private players, the State government has given Cochin International Airport Limited (CIAL) the nod for taking part in the competitive bidding for selecting the private player for the management, maintenance and future development of the airport.
CIAL which built and operates the country’s first greenfield airport in the public-private partnership mode has also been asked to participate in the bidding process for the private player for the Mangaluru airport.
The State government has 32% stake and ₹100 crore investment in CIAL.
A decision to rope in CIAL to prevent the privatisation of the premier airport now managed by the Airports Authority of India was taken at a director board meeting of CIAL chaired by Chief Minister Pinarayi Vijayan.
The CIAL authorities, however, are tight-lipped on the roadmap.
The bidding process is being worked out by the Empowered Committee under NITI Aayog Chief Executive Officer Amitab Kant.
The State has been demanding that the Centre exempt the Thiruvananthapuram airport from the privatisation process or allow it to manage the airport through a special purpose vehicle or to grant Right of First refusal in the competitive bidding process.
The State government move comes in the wake of the Empowered Committee’s discussions with Chief Secretary Tom Jose on December 4 and the subsequent presentation by Mr. Jose and Principal Secretary, Transport, K.R. Jyothilal.
14/12/18 S. Anil Radhakrishnan/The Hindu
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CIAL which built and operates the country’s first greenfield airport in the public-private partnership mode has also been asked to participate in the bidding process for the private player for the Mangaluru airport.
The State government has 32% stake and ₹100 crore investment in CIAL.
A decision to rope in CIAL to prevent the privatisation of the premier airport now managed by the Airports Authority of India was taken at a director board meeting of CIAL chaired by Chief Minister Pinarayi Vijayan.
The CIAL authorities, however, are tight-lipped on the roadmap.
The bidding process is being worked out by the Empowered Committee under NITI Aayog Chief Executive Officer Amitab Kant.
The State has been demanding that the Centre exempt the Thiruvananthapuram airport from the privatisation process or allow it to manage the airport through a special purpose vehicle or to grant Right of First refusal in the competitive bidding process.
The State government move comes in the wake of the Empowered Committee’s discussions with Chief Secretary Tom Jose on December 4 and the subsequent presentation by Mr. Jose and Principal Secretary, Transport, K.R. Jyothilal.
14/12/18 S. Anil Radhakrishnan/The Hindu
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