Home >News >India >Jaipur, Guwahati and Thiruvananthapuram airports to be leased out through PPP: Govt
Union Minister Prakash Javadekar
Union Minister Prakash Javadekar

Jaipur, Guwahati and Thiruvananthapuram airports to be leased out through PPP: Govt

Adani Enterprises had won the rights to run six airports -- Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati -- after a competitive bidding process in Feb 2019

Union Cabinet on Wednesday approved proposal for leasing out Jaipur, Guwahati and Thiruvananthapuram airports, of Airports Authority of India (AAI), through public-private partnership, announced Union Minister Prakash Javadekar.

In the first round of privatisation under the Narendra Modi dispensation, the airports in Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram and Guwahati were cleared for operation, management and development through public-private partnership (PPP) model in February 2019.

Subsequently, the Airports Authority of India (AAI) had in September 2019 recommended the Civil Aviation Ministry to privatise airports in Amritsar, Varanasi, Bhubaneswar, Indore, Raipur and Trichy.

Civil Aviation Minister Hardeep Singh Puri said during a webinar on Tuesday, "We are going to the Cabinet tomorrow for further airport privatisation. We have got many more airports lined up, dozens of them, and the 100 new airports we will build between now and 2030."

The AAI, which works under the Ministry of Civil Aviation, owns and manages more than 100 airports across the country.

Adani Enterprises had won the rights to run six airports -- Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati -- after a competitive bidding process in February 2019.

Adani Enterprises signed the concessionaire agreement with the AAI for three airports - Ahmedabad, Mangaluru and Lucknow - on February 14, 2020. It is yet to sign the concessionaire agreement for the other three airports.

With agency inputs


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