Airports Authority of India (AAI) plans to come out with documents for seeking bids from private players for operating and managing terminals at Jaipur and Ahmedabad aerodromes by November, months after rejecting a proposal in this regard from Singapore's Changi Airport.
Seeking to revive the long pending plans to hand over the terminals of the two airports to private players, AAI Chairman Guruprasad Mohapatra today said the proposal is to go for public private partnership.
"We have to go to the Finance ministry since these are the PPP projects. We are working this out and hope the proposal goes to the Finance Ministry by this month end," he said here.
Mohapatra said that AAI expects to float the bid documents, which would also be open for foreign entities, by November.
This year, AAI rejected twice Singapore's Changi Airport's proposal to operate and maintain Jaipur and Ahmedabad airports.
The proposal to rope in Singapore's Changi airport for the projects was first floated during Prime Minister Narendra Modi's visit to the island nation last November.
The revised plan from Changi Airport, owned by the Singapore government, also sought a "higher" quantum of revenue in managing Jaipur and Ahmedabad aerodromes. This is "unfeasible" and not commercially viable for AAI, sources had said earlier.
Disclaimer: No Business Standard Journalist was involved in creation of this content
