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This article is more than 2 year old.

Adani Enterprises wins bids for five out of six airports

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As part of an open international competitive bidding process, the Airports Authority of India (AAI) had sought bidders for carrying out operations, management and development of the six airports - Ahmedabad, Jaipur, Lucknow, Trivandrum, Mangalore and Guwahati.

Adani Enterprises wins bids for five out of six airports
Adani Enterprises has won bids for five airports - Ahmedabad, Jaipur, Lucknow Trivandrum and Mangalore, sources told CNBC-TV18, adding the bids for Guwahati will likely open on February 26.
GMR, Cochin International Airport, PNC Infra were among the other bidders, said the sources, who did not want to be named.
According to the sources, the new bids are based on the highest monthly fee per passenger and not revenue share.
Confirming CNBC-TV18's news, Adani Group said, "The Adani Group is delighted on winning the bids that were invited by Airports Authority of India (AAI) in December 2018 for the management of domestic airports under the PPP model. The airports at Ahmedabad, Jaipur, Lucknow, Trivandrum and Mangalore remain lifelines to their respective states that will enable us to infuse enhanced growth and give wings to the aspirations of the Indian people. We would be aiming to scale up the infrastructure to bring these facilities on par with global standards. “
As part of an open international competitive bidding process, the Airports Authority of India (AAI) had sought bidders for carrying out operations, management and development of the six airports.
The authority has got 32 bids for the six airports from 10 bidders, the sources added.
On November 8, the cabinet had approved the in-principal approval for leasing out the airports for operation, management and development under Public Private Partnership through Public Private Partnership Appraisal Committee.
Any issue that is beyond the scope of PPPAC would be dealt with by an empowered group of secretaries, an official tweet had said.
The group would be headed by NITI Aayog CEO and secretaries of Civil Aviation Ministry, Department of Economic Affairs and Department of Expenditure would be part of the group.
The move, which is expected to enhance the revenue of state-run AAI, comes after multiple attempts at privatising Jaipur and Ahmedabad airports that did not yield results even after changing the bidding norms several times.
(With inputs from PTI)
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