The aviation ministry’s hurried attempt to privatise four airports, Chennai, Kolkata, Ahmedabad and Jaipur, has got off to a slow start with an uncertain bidding schedule and low level of participation from foreign developers.
State-owned Airports Authority of India (AAI) has extended the due date for submitting request for qualification (RFQ) application by two months to May 26 as the concession agreement is still in the works.
The regulatory approach for fixing airport tariff is also not clear, resulting in lukewarm interest by developers, especially foreign participants in the public-private partnership (PPP) of major airports. Aviation industry sources told Financial Chronicle that AAI would appoint a financial as well as a technical consultant to advise it in bidding out the project. The airport operator has so far been using its in-house expertise and competence to frame bid documents.
17/03/15 Nirbhay Kumar/mydigitalfc.com
State-owned Airports Authority of India (AAI) has extended the due date for submitting request for qualification (RFQ) application by two months to May 26 as the concession agreement is still in the works.
The regulatory approach for fixing airport tariff is also not clear, resulting in lukewarm interest by developers, especially foreign participants in the public-private partnership (PPP) of major airports. Aviation industry sources told Financial Chronicle that AAI would appoint a financial as well as a technical consultant to advise it in bidding out the project. The airport operator has so far been using its in-house expertise and competence to frame bid documents.
17/03/15 Nirbhay Kumar/mydigitalfc.com
No comments:
Post a Comment