Saturday, September 27, 2014

Govt having relook at UPA's airport privatisation plan

New Delhi: With airlines complaining of high airport charges in the country, the government is having a relook at the process of privatisation of six major airports started by the previous UPA dispensation.

Civil Aviation Minister Ashok Gajapati Raju has suggested fresh broad-based consultations between the Centre and states and with airport developers, airlines, passenger associations and travel operators before finalising the model concession agreement for construction and operation of airports through public-private partnership (PPP).

The UPA-II government had early last year launched the PPP process for modernising six airports at Kolkata, Chennai, Jaipur, Guwahati, Ahmedabad and Lucknow.

But the process could not be concluded due to reported difference of opinion between the Civil Aviation Ministry and the Planning Commission on the model concession agreement and issues like revenue sharing and the period of lease. The process was finally stalled after the general elections were announced.
28/09/14 PTI/Business Standard
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