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Countdown begins! Delhi and Mumbai airport bids due in 2 weeks

Analysis

SYDNEY (Centre for Asia Pacific Aviation) - After several months of delays, the Indian Government has released the transaction documents relating to the restructuring and modernisation of Delhi and Mumbai airports to eight short-listed bidders. The privatisation of Delhi and Mumbai airports is a showcase event for the new government. Revenues generated by both airports reached INR8.4 billion in 2004/05 and is expected to reach INR10 billion in 2005/06.

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