Financial Daily from THE HINDU group of publications
Friday, Nov 25, 2005


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Logistics - Infrastructure


Delhi, Mumbai airports revamp — Govt to finalise 2 bidders in first week of December

Our Bureau

New Delhi , Nov. 24

THE Government will finalise the two successful bidders for modernising and restructuring Delhi and Mumbai airports and expedite the 68 Boeing aircraft fleet acquisition proposal of Air India during the first week of December.

The empowered Group of Ministers (e-GoM) that will decide on the names of the bidders for the two metro airports is likely to meet "on or around" December 5, sources said.

"The report of the global technical advisors (GTA) for the project is being examined by an Inter-Ministerial Group right now. We plan to send all the bids of all the six parties in the fray to the e-GoM before taking a final decision on who the successful bidders are," a senior Government official said.

While refusing to divulge details of the GTA report, the sources indicated that the three most successful bids were those of Reliance, GMR and Starlite.

The Government has received six bids from top-notch industrial houses interested in participating in the restructuring of the Mumbai airport and five for the Delhi airport. The five bidders for Delhi airport included GMR that had teamed up with the operators of Frankfurt airport, Fraport; Reliance that had submitted a bid with ASA Mexico; D.S. Construction that had a tie-up with the Munich airport; Macquire that tied up with Airport de Paris, and the Essel Group in association with Turkish airport operator TAV. For the Mumbai airport, the Government has also received a bid from the GVK group that has a tie-up with the South African Airport.

Asked about the status of the AI fleet acquisition proposal, the sources said that the process for getting the clearance of the Cabinet Committee of Economic Affairs (CCEA) had already started. "The CCEA meeting is expected to take place shortly. There is every possibility that an empowered Group of Ministers (e-GoM) will be set up to examine the proposal for a final time before AI is given the go-ahead to purchase the aircraft," the sources said.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

More Stories on : Infrastructure



Stories in this Section
SriLankan keen on more flights to India — Tsunami, fuel costs hit airline's margins


Delhi, Mumbai airports revamp — Govt to finalise 2 bidders in first week of December
Dubai plans to build world's largest airport
NMPT trade meet gets good response
Kochi port plans better services for cruise vessels
Seamen's union defers strike plan
Nature's rail roki
Rlys to have warehousing complex in Hyderabad


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line