Friday, January 21, 2005

All decks not clear yet

What remains before take-off
Deccan Herald

This is what remains before airport construction can begin:

Renew lapsed share-holders’ agreement
Negotiate and finalise engineering, procurement and construction (EPC) contract
Coordination, Navigation and Air Traffic Management agreement with Airports Authority of India
Operation and Maintenance agreement
Financial closure with ICICI Bank.

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