India Ministry of Civil Aviation: Privatization of Airports
14-Aug-2012 To review the implementation of the Financing Plan prepared in 2006 and to prepare a Financing Plan over the Twelfth Five Plan period, a Task Force on Financing Plan for development of airports has been constituted under the Chairmanship of Member, Planning Commission. The Task Force has recommended that operations and management of Chennai and Kolkata Airports could be taken up through Public Private Partnership (PPP) mode. Similarly, it has also been recommended that operations and management of airports at Jaipur and Ahmedabad may also be taken up through PPP mode.
The Task Force emphasized that projected investment at these airports can fructify only if the PPP approach was adopted extensively. This would not only help attract the requisite volumes of investment, it would also ensure generation of significant volumes of non-aeronautical revenues that would help reduce the passenger charges to affordable levels.
This information was given by the Minister of Civil Aviation Shri Ajit Singh in a written reply to a question in Rajya Sabha today.