Inter-ministerial group to monitor and recommend implementation of model for operation of airport in PPP mode
An inter-ministerial group (IMG) has been formed to monitor and recommend the implementation of a model for operation and management of Chennai airport in public private partnership (PPP) mode.
In a written reply to a question in Lok Sabha, minister of State for civil aviation K.C. Venugopal said the management of the airport that was modernised at a cost of Rs. 2,015 crore will be taken up by forming a joint venture with global operators, with Airports Authority of India (AAI) being the lead partner.
Under the planning commission, a task force for financing a plan for the development of airports had been constituted and it has recommended that the operations and management of Chennai airport be taken up in the PPP mode. The IMG will also advise Kolkata airport in this regard.
Early in June, the government had formed a key infrastructure development (KID) cell to speed up the process to professionally manage several airports in the country. AAI officials had indicated that Chennai may be one of the first ones to come under the ambit of this project. The KID cell, formed when Delhi and Mumbai airports were privatised, comprises five members who will play a key role in assisting the ministry in the appointment of technical, legal and financial consultants and help complete this project.
“While the KID cell will help the ministry carry out the project, the IMG will constantly monitor the progress of the project and give recommendations on how it should be executed,” said an official.
Keywords: Chennai airport management