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Rediff.com  » Business » Reject Reliance's airport bids: Panel

Reject Reliance's airport bids: Panel

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Last updated on: January 10, 2006 20:10 IST

In a development that could prove to be a major setback for Anil Ambani group, the E Sreedharan Committee, entrusted with the task of revaluating the bids and procedure for the Rs 5,400 crore (Rs 54 billion) airport modernisation projects, on Tuesday recommended rejection of Reliance consortium from the race for Delhi and Mumbai airports.

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