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Friday, 23 January 2015

Ahmedabad airport development on fast track, private player to spend Rs 472 crore

Ahmedabad: Changing the stance from the previous UPA government, the NDA government has decided to develop four airports in public private partnership (PPP) mode instead of fully privatizing six airports.

The four airports to be developed include Kolkata, Chennai, Ahmedabad and Jaipur. The government through Airports Authority of India (AAI) has already put out new RFQ (required for qualification) document for the private parties to bid accordingly.


Though the Guwahati and Lucknow airports were also to be privatized, the government has decided not to do so as they were no takers for them.
 AAI, facing a changed business scenario especially with more number of airports being run under PPP mode, will focus on maximizing 'non-aeronautical revenues'. 
20/01/15 Piyush Mishra/Times of India

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