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New Delhi , May 4

THE DLF group is to pick up an equity stake in the Bharti-Changi consortium that is participating in the on-going reconstruction and modernisation process of the Delhi airport, the Chairman and Managing Director, Bharti Enterprise, Mr Sunil Mittal, said here."DLF has been very successful over the past 30 years and will bring benefit to the consortium. The exact amount of equity to be offered to DLF will be firmed up later," Mr Mittal said after a meeting with the Minister for Civil Aviation, Mr Praful Patel.

DLF Universal Ltd had earlier tied up with the Malaysian Airport Holdings Bhd but announced late last month that it would be joining the Bharti-Changi consortium.

The Bharti Enterprises Chairman said the decision to pick up a stake in another non-metro airports would depend on whether the consortium was successful in its bid for the Delhi airport. The Government has already invited bids for reconstruction and restructuring of the Delhi and Mumbai airports and plans to upgrade at least 30 non-metro airports to world-class standards through a public-private partnership.

Apart from the Bharti-Changi-DLF consortium, the proposed restructuring and modernisation process of the two metro airports has seen some the leading business groups including Reliance, GMR and L&T show an interest in participating in the process.

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