Friday, September 03, 2021

Scindia asks KCR to re-examine extending Hyd Airport concession agreement

Hyderabad: Union Minister of Civil Aviation Jyotiraditya M. Scindia has urged the Telangana government to re-examine the request of Hyderabad International Airport Limited (HIAL) for extending concession agreement for another 30 years.

In a letter to Telangana Chief Minister K. Chandrasekhar Rao, he urged the state government to re-examine HIAL’s request and submit its recommendations to the Ministry of Civil Aviation.

Scindia mentioned that a Concession Agreement (CA) dated December 20, 2004 was executed between Ministry of Civil Aviation, Government of India and HIAL for development, construction, operation and maintenance of Hyderabad International Airport.

The HIAL has requested for extension of its concession period for another 30 years beyond the initial 30 years, i.e beyond March 23, 2038 and till 23.03.2068.

Scindia also underscored the issue of operationalization of Warangal Airport and its inclusion under Regional Connectivity Scheme (RCS) -UDAN (Ude Desh ka Aam Nagrik). He mentioned that Warangal Airport is within 150 km aerial distance of HIAL and can be developed with mutually agreeable solution, to be explored by State Government of Telangana with HIAL and Airports Authority of India (AAI).

The HIAL is a joint venture company promoted by the GMR Group (63 per cent) in partnership with Airports Authority of India (13 per cent), Government of Telangana (13 per cent) and Malaysia Airports Holdings Berhad (MAHB) (11 per cent).

The GHIAL was mandated to design, finance, build and operate Rajiv Gandhi International Airport (RGIA), Hyderabad as a world class Greenfield airport on the Public Private Partnership (PPP) model.

02/09/21 ANI/Siasat Daily

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