Govt open to giving 100 pc stake in 6 airports to pvt operators: Sources

The government is open to giving 100 per cent stake to private parties in six select airports, including Kolkata and Chennai, official sources said today.

The Civil Aviation Ministry will issue a Request For Qualification (RFQ) document in a few days for Chennai and Lucknow airports. The RFQ for the other four — Jodhpur, Guwahati, Ahmedabad and Kolkata–would be issued in the next few weeks, they said.

The Ministry had earlier proposed to privatise the airports at Chennai, Kolkata, Ahmedabad, Jaipur, Lucknow and Guwahati which were modernised by the Airports Authority of India (AAI).

Airports would be given on the concession basis to the private parties for a period of 30 years and AAI may not have equity participation as ‘we are open to giving 100 per cent stake to private parties’, they said.

Full report here Business Standard 


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