Union Civil Aviation Minister Jyotiraditya Scindia on Saturday said the privatisation process of Air India was underway and the technical bids were being analysed before the financial bids are opened.
He, however, refused to elaborate on the number of bids received for the debt-laden national carrier.
“We have received technical bids and financial bids which are in sealed envelopes. Currently, the technical bids are being scrutinised. Financial bids will be opened only after scrutiny of technical bids,” the Civil Aviation Minister told reporters here.
