New Delhi: The ministry of civil aviation is hopeful of completing the process of privatising six major airports, including those at Chennai and Kolkata, within a time-frame and ahead of the general elections, scheduled to be held next year.
The ministry's move to award management contracts of these airports to private sector entities suffered a setback with the sale of bid documents for Chennai and Lucknow airports being postponed by several weeks.
Civil aviation secretary K N Shrivastava said, "We are quite optimistic about doing it within the time- frame. There is some cushion period available which we are using now.” The ministry is in the process of incorporating changes in the bid documents by holding consultations with various stakeholders.
"We are going through the process of consulting all stakeholders, including Planning Commission. We have held pre- bid consultations with prospective bidders. Our effort is to see that Request for Proposal (RFP), Requests for Qualification (RFQ), the concession agreement and other documents are properly drafted so that no issues are raised later," he added.
Read News In Full 21/10/13 Sharmistha Mukherjee/Business Standard
No comments:
Post a Comment