TITLE

The Happy Builder

AUTHOR(S)
Karmali, Naazneen
PUB. DATE
November 2006
SOURCE
Forbes Asia;11/27/2006, Vol. 2 Issue 20, p34
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the participation of billionaire Grandhi Rao to privatize India's second-largest airport. Rao's company, GMR Infrastructure, and its German partner won the 30-year New Delhi concession with an option to renew for another 30 years. The entire bidding process was transparent and scrutinized by five sets of government committees. The partners will share 54% of airport revenues.
ACCESSION #
23288857

 

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