Air India disinvestment: Qualified bidders to be announced on Jan 5
In stage II, shortlisted bidders will be given a request for proposal (RFP), post which a transparent bidding process will take place
BusinessToday.In | December 29, 2020 | Updated 19:48 IST
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The disinvestment of Air India is to enter its second stage on January 5 next year, when the names of the qualified bidders will be announced.
The process has been divided into two stages, as explained by Civil Aviation Secretary Pradeep Singh Kharola at a press conference. In the first stage, expressions of interest (EoI) were received from interested bidders who will now be shortlisted contingent on their eligibility as defined by the terms in the Preliminary Information Memorandum (PIM), reported ANI.