New Delhi: It's not just the HR matters but also the lack of in-principle nod of the Public-Private-Partnership Appraisal Committee (PPPAC) that is hampering the privatisation process of the four airports undertaken by the ministry of civil aviation, said an Airports Authority of India (AAI) source.
As per the government rule, approval from this committee formed for any PPP project is crucial before inviting expression of interest from the prospective investors.
The government has already floated the request for qualification (RFQ) for operation, development and management of Chennai, Kolkata, Jaipur and Ahmedabad airports.
"We had raised this issue (nod from the PPPAC before inviting expression of interest) with the ministry in our last meeting (about two months back) and were told that it would be taken in due course of time. How can they move ahead with the bidding process without the committee's in-principle clearance," said a source in the state-owned airport firm AAI, who requested not to be named.
26/03/15 Praveena Sharma/Daily News & Analysis
As per the government rule, approval from this committee formed for any PPP project is crucial before inviting expression of interest from the prospective investors.
The government has already floated the request for qualification (RFQ) for operation, development and management of Chennai, Kolkata, Jaipur and Ahmedabad airports.
"We had raised this issue (nod from the PPPAC before inviting expression of interest) with the ministry in our last meeting (about two months back) and were told that it would be taken in due course of time. How can they move ahead with the bidding process without the committee's in-principle clearance," said a source in the state-owned airport firm AAI, who requested not to be named.
26/03/15 Praveena Sharma/Daily News & Analysis
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