GMR says Draft CAG report erroneous

Terming the Draft CAG report on Delhi International Airport (DIAL) erroneous, GMR Infrastructure said that land at concessional rates and other benefits available to it to run the Delhi airport were part of the bid document and were available to every bidder. In its draft report on the public private partnership for the Indira Gandhi International Airport, the CAG has found that DIAL has a potential to earn Rs 1,63,557 crore over a 60- year period from the land given to it on a lease rent of Rs 100 per annum, hurting the interest of the government. With the same calculation method, benefits available to Airports Authority of India (AAI) as part of their stake in DIAL would amount to Rs 3 lakh crore for the 30-year concession period, a GMR spokesperson said.