Financial Daily from THE HINDU group of publications
Tuesday, Jan 24, 2006


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Logistics - Infrastructure


Pressure piles on Govt over airports modernisation

Our Bureau

New Delhi , Jan. 23

WITH the empowered Group of Ministers (e-GOM) slated to take a final decision on the modernisation and restructuring of the Delhi and Mumbai airports at its meeting on Tuesday, pressure is mounting on the Government to broad-base the entire process by including some of the bidders left out at the technical evaluation process.

While such a move would suppress the charge of "lack of competition" that would have arisen if only two bidders were short-listed for the airports, indications were available on Monday that due to reported differences within the e-GoM, the Prime Minister's guidance may be sought before making a recommendation to the Union Cabinet.

While the Left parties have asked for a rethink, the Government is also concerned about possibilities of a legal entanglement as one of the bidders, after taking legal opinion from a former Chief Justice, has hinted at the possibility of filing a writ petition in the high court if the process is allowed to go through. Even an expert group set up by the Government to go into the global advisor's recommendation has hinted that there is room to suspect that some of the bidders had been favoured.

The modernisation and restructuring issue is further complicated due to the varying reports from the various committees appointed by the Government over which of the six bidders are in the race.

The short-listing by the global advisors saw only two bidders - GMR and Anil Ambani-led Reliance Group - remain in the race. The expert group under Mr E. Sreedharan, which was appointed after the report of the global advisor was ready, saw only the GMR group remaining in the fray. However, a subsequent report by the committee saw all six bidders in contention again.

More Stories on : Infrastructure

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



Stories in this Section
Kingfisher Air plans FCCBs to raise $200 m — Private equity route, IPO other options


Jetstar Asia offers Bangalore-S'pore one-way for Rs 6,000
Pressure piles on Govt over airports modernisation
RITES to prepare blueprint for rail, road infrastructure for Paradip port
NMPT seeks Ministry nod for joining SPV for Mangalore SEZ
IOC's Paradip-Haldia pipeline commissioning may be delayed
Visakha box terminal throughput reaches 1,00,000 TEUs
Sahara buyout unlikely to trigger MRTP Act: Gupta


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 © 2006, 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