To stave off Centre’s plan to privatise the airport
Seeking to stave off the Centre’s plan to privatise Thiruvananthapuram airport under its watch, the Communist Party of India (Marxist)-led Left Democratic Front (LDF) government in Kerala has applied on the tender through its Kerala State Industrial Development Corporation Ltd (KSIDC).
The Pinarayi Vijayan-led government has picked KSIDC to apply on the tender to get the benefit of the right of first refusal (RoFR) granted to state-owned entities in government auctions. It will also help the government pass the eligibility criteria set by the Airports Authority of India (AAI) for bidders by using the financial and technical muscle of a broad range of state-owned entities under its control, Kerala government officials told BusinessLine.
