AAI begins legal due diligence for non-metro airports

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New Delhi, Mar 27 : The Airports Authority of India (AAI) has begun the process of legal due diligence for non-metro airports with the appointment of a legal advisor for the process.

The AAI has appointed M.V. Kini and Co., Mumbai as legal advisor for providing legal advisory services for the city side development of the four non-metro airports - Amritsar, Udaipur, Trichi and Vizag.

The legal adviser will be advising the AAI on all legal matters associated with the successful conduct of the bidding process and execution of the concession agreement with the select bidder.

The AAI is currently in the process of finalizing the other transaction documents for the projects.

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