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Saturday, 31 May 2014

Airport privatisation: Authority seeks fresh requests

Lucknow: The proposed privatisation of Lucknow airport has moved a step further with the Airports Authority of India (AAI) seeking fresh request for qualification (RFQ) by May 31.
Sought by May 31, the RFQ comes up categorically with detailed requirements a private party will have to undertake in renovating the Lucknow airport.
According to the document, the private company will have to spend around Rs 500 crore to renovate the existing terminal building which got constructed in 2009 at an estimated cost of around Rs 200 crore.

The RFQ document goes on to say that the concessionaire will be required to re-carpet the runway, construct three additional hangars, expansion of terminal building, construct boundary wall, a new cargo terminal and relocate the car park. Besides, the private company will also be required to construct a perimeter road and strengthen the existing perimeter road inside operational area. Also, a new fire station, an administrative block and an CISF barrack will also be required to be constructed by the company.
Read news in full 29/05/14 Times of India
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