Abstract

The case explains the need for modernization and upgradation of the Delhi and Mumbai airports. It outlines the sequence of events leading to the initiation of the modernization process, policy changes, details of the bidding process, the views of various concerned parties on the bidding process, and the finer points of the court case. The case also highlights the views of Left parties and the employees of Airport Authority of India.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Understand the need for privatization of the Mumbai and Delhi airports
• Understand the process of privatization the Mumbai and Delhi airports
• and Understand the extent of transparency, or the lack of it, in the airport privatization process.

Keywords

Joint Ventures, Consortia, Foreign Direct Investment, Essential Services Maintenance Act, GVK-ACSA, ABN AMRO, Airplan, Civil Aviation, Bharti-Changi, Larsen & Toubro-Hochtief, Pan Parayatan-TAV, GMR-Fraport, DS Constructions-FMG, Sterlite-Macquarie-ADP, Reliance-ASA