CBI launches probe into leasing of 190 acres to GMR group

CBI has initiated a probe into alleged favouritism shown by the previous UPA government to the GMR group in handing over land near Delhi Airport at a throwaway price, thereby causing a loss of several hundred crores of rupees to the exchequer.
CBI registered a Preliminary Enquiry against unknown officials of GMR, Civil Aviation Ministry, Airports Authority of India (AAI) and Delhi International Airports Limited (DIAL) for allegedly entering into a criminal conspiracy and causing a loss to the exchequer, official sources said here today.
The PE pertains to leasing of nearly 190 acres of land belonging to AAI to the GMR group.

The Comptroller and Auditor General of India (CAG), in its report for 2012-13, had pegged the loss at over Rs 15,000 crore. It had slammed the then government for giving out Delhi airport and its land with a potential earning capacity of Rs 1,63,557 crore to private-led operator DIAL which made a total equity contribution of only Rs 2,450 crore.
Denying all allegations, a GMR spokesperson said, "We are not aware of any such enquiry. On the contrary, both High court as well as Supreme court have upheld the award of IGI Airport to the GMR led consortium as early as in the year 2006."

"The tract of land measuring 190.19 acres located adjacent to the runway 11/29 is meant only for aeronautical purpose such as positioning Instrument Landing System (ILS), Surface Movement Radars, DVOR etc. Where there is no possibility of any construction or commercial development.
"Hence DIAL was not benefitted from this additional land...The additional land has been given in accordance with the OMDA (Operation Management and Development Agreement) provisions."
However, the sources said documents would be called from the Civil Aviation Ministry which also includes some of the cabinet notes of the NDA government whereby GMR-led DIAL consortium was to get the land for 30 years. This clause was subsequently changed to 60 years by the UPA government.