Private bidders for four airports need to spend at least Rs1,839 crore: Govt1 min read . Updated: 19 Mar 2015, 08:58 PM IST
The four airports, to be developed through this mode, are Chennai, Kolkata, Ahmedabad and Jaipur
New Delhi: Successful bidders for developing Chennai, Kolkata and two other domestic airports, through public private partnerships, should spend at least ₹ 1,839 crore towards mandatory capital works at these locations.
Minister of state for civil aviation Mahesh Sharma on Tuesday said the government has initiated the process for undertaking operation, management and development of four airports through public private partnerships.
The four airports, to be developed through this mode, are Chennai, Kolkata, Ahmedabad and Jaipur. In this regard, the Airports Authority of India (AAI) issued a request for qualification (RFQ) documents on 30 December 2014.
The RFQs inter-alia indicate the mandatory capital works to be executed by the successful bidder in next three to five years would be ₹ 492 crore for the Chennai airport, ₹ 375 crore for Kolkata, ₹ 472 crore for Ahmedabad and ₹ 500 crore for Jaipur, Sharma said in a written reply to the Rajya Sabha.