Privatization of Delhi & Mumbai Airports - A Bumpy Take Off |
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Excerpts Contd...The Release of the Note
Efforts to Bring in TransparencyTo quell the controversy that arose with the announcement of the technical bid results, Reliance sent an open letter to the EGoM dated December 20, 2005. It was signed by J.P.Chalasani (Chalasani) Director, Reliance Energy, and stated that the bidding process was not manipulated. The letter stated that most airport evaluations undertaken by international organizations were subjective in nature...
OutlookAnalysts were of the view that even if the case did get sorted out, it was unlikely that the projects would be completed on time and in line with the several conditions, some of which were quite difficult to comply with. One of the responsibilities given to the bidders was to clear the slums at the Mumbai airport. It was anticipated to become another roadblock to the modernization of the airports... Exhibits
Exhibit I: Services Provided by AAI |
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