‘IL&FS impeding progress of Gulbarga, Shimoga airport projects’

Air connectivity will remain a distant dream for the citizens of Gulbarga and Shimoga. Bickering amongst the partners of the joint venture company Regional Airport-Holdings International (Rahi), has escalated; Rahi Aviation Holdings Pvt. Ltd. (RAH) has threatened to launch legal action against partner IL&FS Transport Networks Limited (ITNL), for allegedly “impeding the implementation of the Gulbarga and Shimoga Airport projects.”

In a press release issued here on Thursday, RAHI chairman Umesh Kumar Baveja said legal action was initiated against ITNL and IL&FS Engineering. “It is a brazen display of corporate ego and the institutional might of IL&FS and its group of companies, which has resulted in both Gulbarga and Shimoga Airport projects getting bogged down for the past year,” he said. Both airport projects have been languishing for want of appropriate response from the IL&FS group.

Full report here Hindu


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