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Indian airports petition rejected | |
(about 2 hours later) | |
India's Supreme Court has rejected a petition by an unsuccessful bidder challenging the award of contracts for privatising two main airports. | |
The court said that the petition by Reliance Airport Developers owned by businessman Anil Ambani had "no merit". | The court said that the petition by Reliance Airport Developers owned by businessman Anil Ambani had "no merit". |
In February, the federal government decided that Delhi and Mumbai (Bombay) airports would be leased to construction firms GMR and GVK. | In February, the federal government decided that Delhi and Mumbai (Bombay) airports would be leased to construction firms GMR and GVK. |
The firms along with their foreign partners won the modernisation bids. | The firms along with their foreign partners won the modernisation bids. |
A spokesman for Reliance had said awarding the contract for Delhi airport to GMR had been "illegal and arbitrary". | A spokesman for Reliance had said awarding the contract for Delhi airport to GMR had been "illegal and arbitrary". |
Indian airport workers went on strike in January after the government awarded the contracts saying that privatisation would lead to job cuts and hardship for thousands of staff. | |
The government has sought to allay workers' fears, saying all employees will be retained for the first three years. | The government has sought to allay workers' fears, saying all employees will be retained for the first three years. |
Delhi and Mumbai airports handle almost 65% of India's international traffic of 19m passengers a year. | Delhi and Mumbai airports handle almost 65% of India's international traffic of 19m passengers a year. |
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