Fast tracking the privatization process of the Chennai airport, which has already undergone renovation worth Rs 2,015cr, the management of the airport has decided to invest Rs. 500cr more on the upgrade of the existing infrastructure as the move would improve the operational capacity and increase its valuation, director, Chennai Airport, Deepak Shastri, said adding that the further improvement has been necessitated as Airports Authority of India is alleging that the renovation was not planned and implemented properly and has been creating trouble for customers and officials. The main bottleneck for the facility — which has seen the renovation with a domestic terminal and an international terminal built at both sides of the old building — is that the old domestic and international terminals have not been integrated into the new facilities and hence impede the functioning of the new terminals.
Since the old terminal is of single level and it has to be made and merged with the new terminals, a walk way or escalators have to be put in place for commuters to go from one end of the airport to the other, which are the urgent requirements for the passengers, said an expert. Currently, the government is in the process of selecting private developers to work together for operation, management and development of Chennai, Kolkata, Ahmedabad and Jaipur airports through public private partnership (PPP). Representatives of eight prospective applicants — Siemens Project Ventures GmbH, GVK Airport Holdings, GMR Airport Holdings, Egis Avia, Celebi Aviation, Tata Realty and Infrastructure Limited, Pithavadian and Partners, Flemingo International Ltd — have visited the airport recently to judge the financial viabilities of the projects.