Friday, July 31, 2020

Govt nod on privatisation of these 6 airports likely by August 15; bidding process may start this year

The Modi government is likely to give its go-ahead to the proposal for privatisation of 6 airports in the country in the next cabinet meeting, Zee Business’ Sameer Dixit told Managing Editor Anil Singhvi in this big exclusive, breaking news from the aviation sector.
Dixit quoted official sources and said that these six airports are Ranchi, Trichy, Bhubhaneshwar, Raipur, Indore and Amritsar. These airports are currently with the Airports Authority of India (AAI). The move is being considered to develop these airports on a Public-Private-Partnership (PPP) model, he said.
Aviation Ministry has already prepared a cabinet note and sent it to the cabinet. The final call from the cabinet is awaited.
The Prime Minister’s Office did a review meeting on investments and privatisation in the infrastructure sector in May. The PMO had given a deadline of 3 months for completing all the necessary work regarding privatisation of these six airports, which has been lingering for a long time, Dixit said. The deadline ends around August 15.
Dixit said that the approval is likely to come through by August 15.
Once the approval comes through, the process of bidding of these airports will start.
31/07/20 ZeeBiz
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