Wednesday, April 16, 2008

The Court directs GoI and AAI to re-negotiate the BIAL contract

The persons who filed a Public Interest Litigation (PIL) in the High Court of Karnataka, have won a victory today. It may not be all what they wanted, but it is a victory.

A bench of the High Court headed by the Honourable Chief Justice, today directed the Union of India and the Airports Authority of India to re-negotiate the Concession Agreement with BIAL consortium (promoters of the Bengaluru International Airport or BIA) and arrive at a situation where the inconvenience caused to the public is minimised, if not removed altogether.

This is a golden opportunity for us to redress the anti-competitive flaws in the contract and ensure a long term solution that truly delivers the airport with all the positive aspects of Public Private Partnership (PPP) enshrined.

What is your view ? Please post your opinion using the comments link below.

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