Tuesday, November 07, 2006

Airport modernisation: SC dismisses Reliance`s appeal

New Delhi: The Supreme Court on Tuesday dismissed an appeal by Anil Ambani Group`s Reliance Airport Developers against the Delhi High Court verdict, upholding the Centre`s decision to allot modernisation works of Delhi and Mumbai airports to rival bidders GMR and GVK-led consortia respectively.
A bench comprising Justice Arijit Pasayat and Justice S H Kapadia, which on August 10 reserved its judgment, announced the decision after finding the procedure adopted in allotting modernisation works of the two metro airports satisfactory.
Reliance had challenged the April 21 verdict of the high court, which held that the government`s action was in no way "discriminatory, illogical or illegal".
It has questioned the option given to GMR for picking an airport of its choice (Delhi) for modernisation after opening of the financial bid and has alleged that the lowering of the benchmark from 80 to 50 per cent was totally arbitrary.
07/11/06 Zee News
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