Sunday, March 22, 2015

India confirms PPPs


India confirms PPPs

08 March 2015
The Indian government still intends to offer public-private partnership (PPP) concessions for four large airports.
Addressing the parliament on 3 March, civil aviation minister Mahesh Sharma ruled out full privatisation. "However, based on the recommendations of Task Force on Financing Plan for Airports (up to 2017), India has initiated the process for undertaking operation, management, and development of Chennai, Kolkata, Ahmedabad, and Jaipur airports through Public-Private Partnership (PPP)," he added.
Airports Authority of India (AAI) issued request for qualification documents on 30 December 2014.
"To improve efficiency and transparency, the Ministry of Civil Aviation has framed a draft Civil Aviation Policy that provides the listing of AAI on the Stock Exchange," Sharma said.

(113 of 159 words)

No comments:

Post a Comment