{"id":379752,"date":"2020-10-21T12:00:25","date_gmt":"2020-10-21T06:30:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=379752"},"modified":"2020-10-21T12:44:01","modified_gmt":"2020-10-21T07:14:01","slug":"debt-leeway-for-air-india-bidders","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/debt-leeway-for-air-india-bidders\/","title":{"rendered":"Debt leeway for Air India bidders"},"content":{"rendered":"<p>In a bid to revive Air India\u2019s privatisation, the government is planning to give flexibility to potential investors to decide on the humongous debt of the national carrier, a top official has said. <\/p>\n<p>The flexibility to decide on the quantum of debt they want to absorb will replace the current condition of the buyer taking over more than a third of the debt and transferring the rest to a special purpose vehicle, Tuhin Kanta Pandey, secretary, department of investment and public asset management (DIPAM) , said. <\/p>\n<p>The potential investors have said that because of the uncertainty created by Covid-19 in the aviation sector, the debt should not be fixed at the expression of interest (EoI) stage, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a bid to revive Air India\u2019s privatisation, the government is planning to give flexibility to potential investors to decide on the humongous debt of the national carrier, a top official has said. The flexibility to decide on the quantum of debt they want to absorb will replace the current condition of the buyer taking over more than a third of the debt and transferring the rest to a special purpose vehicle, Tuhin Kanta Pandey, secretary, department of investment and public asset management (DIPAM) , said. The potential investors have said that because of the uncertainty created by Covid-19 in [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[216,130,148],"tags":[],"class_list":["post-379752","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/379752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=379752"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/379752\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=379752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=379752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=379752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}