CHENNAI: For an airport that’s perennially in the news for the wrong
reasons, the previous financial year’s balance sheet will offer some
cheers: Chennai Airport posted a healthy revenue of Rs 1022.80 crore, a
substantial 50% jump over the Rs 690 crore posted in 2012-13. While this
coincides with the period following the opening of the newly
constructed terminals, all the attention is now on whether the airport
will go under the Public Private Partnership (PPP) hammer on August 1.
Express has learnt from a top source at Airports Authority of India (AAI) that the proposal has been called for by the Prime Minister’s Office - for a final decision to be taken before the end of the week. “It has already been postponed thrice this year and the PMO has asked for the file to be sent so that a final decision can be taken. From AAI’s side, the necessary proposal and the bid outline have been prepared and duly submitted for review. It is now in their hands,” said the source. An official involved with the airport’s administration in Chennai confirmed the same.
Read news in full 22/07/15 Daniel Thimmayya/The New Indian Express
Express has learnt from a top source at Airports Authority of India (AAI) that the proposal has been called for by the Prime Minister’s Office - for a final decision to be taken before the end of the week. “It has already been postponed thrice this year and the PMO has asked for the file to be sent so that a final decision can be taken. From AAI’s side, the necessary proposal and the bid outline have been prepared and duly submitted for review. It is now in their hands,” said the source. An official involved with the airport’s administration in Chennai confirmed the same.
Read news in full 22/07/15 Daniel Thimmayya/The New Indian Express
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