Question : DISINVESTMENT OF THE AIRPORTS

(a) whether the private sector company GMR has been assigned the contract of modernising certain airports in the country;

(b) if so, the details of such airports;

(c) the airport-wise details of the revenue relating to the contract given for modernisation and terms and conditions in regard to disinvestment;

(d) wheter disinvestment is being made by the company as per rules;

(e) if so, the details thereof, if not, the reasons therefor; and

(f) the details of the revenue received by the Government from the company so far?

MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF CIVIL AVIATION ( SHRI PRAFUL PATEL )

(a),(b),(c),(d)& (e): Yes, Sir. Indira Gandhi International Airport, Delhi has been restructured under Public Private Partnership (PPP) and transferred to M/s Delhi International Airport Private Limited (DIAL) on 03.05.2006 for operation, management and development. GMR Group led consortium holds 74% equity stake in DIAL.

Revenue earned by DIAL in 2006-07 and 2007-08 (up to 31.01.2008) was Rs. 591.38 crores and Rs.692.20 crores respectively. Airports Authority of India (AAI) gets a share of 45.99% in DIAL`s revenue.

(f): AAI has received Rs.271.98 crores during 2006-07 (from 03.05.2006 to 31.03.2007) and Rs.318.34 crores during 2007-08 (up to 31.01.2008) as its revenue share.