The target date for completion of stage-I of the upgradation and development of both Mumbai and Delhi Airports is 31 March 2010. This information was given by Praful Patel, Minister for Civil Aviation in the Rajya Sabha today.
The minister informed the House that the government has selected two private partners for the modernisation of Delhi and Mumbai airports. Two separate joint venture companies (JVCs) for Delhi and Mumbai Airports have been formed. Operation, management and development agreement (OMDA), share holders' agreement (SHA), lease deed, state support, state government support and CNS/ATM agreements have been executed.
The two Airports have come under the joint management of Airport Authority of India (AAI) and the JVCs namely Delhi International Airport Private Ltd.(DIAPL) and Mumbai International Airport Private Ltd.(MIAPL), w.e.f. 3 May 2006. DIAPL and MIAPL have since engaged experts to study and suggest measures to improve various passengers facilities.