New Delhi: The Adani Group has emerged as the highest bidder for five of the six airports government plans to run public-private way like the mega hubs at Delhi and Mumbai. The Gautam Adani-led infra major has won the bids to operate Ahmedabad, Jaipur, Mangalore, Trivandrum and Lucknow airports for next 50 years, say Airports Authority of India (AAI) sources. The financial bids for the sixth airport, Guwahati, will be opened on Tuesday.
“The tendering process is complete. Now the actual award of work and transfer of the airports to the highest bidder will happen after Cabinet clearance,” said a senior AAI official. The financial bids for all the six airports were to be opened on Monday. “However, there was a judicial order against opening of Guwahati airport which has now been lifted. The bids for that airport will open on Tuesday,” said the official.
The GMR and Adani Groups had bid for all the six airports. According to the request for proposal issued for these airports last December, the letter of award has to be issued to the winning bidder on February 28.
This is the second big round of privatising airports after Delhi and Mumbai were handed out to private players, GMR and GVK, over a decade back. AAI has now opted for a new model of revenue generation from these six airports’ prospective bidders. “The concessionaire shall pay to the Authority, on a monthly-basis, a fee (the ‘per-passenger fee’ or PPF) in respect of each passenger (both domestic and international) handled at the airport in accordance with the concession agreement,” the RFP document says.
Adanis PPF was the highest at the five airports whose financial bids were opened on Monday. For Ahmedabad, the PPF quoted by Adani and GMR is learnt to be Rs 177 and Rs 85, respectively. Similarly, the bid by Adani and GMR for Jaipur was Rs 174 and Rs 69; for Mangalore Rs 115 and Rs 18; for Trivandrum Rs 168 and Rs 63 and for Lucknow it was Rs 171 and Rs 63.
Jaipur and Ahmedabad airports had got seven bids each; Lucknow and Guwahati six each and Mangalore and Thiruvananthapuram three each. In all, AAI has got 32 bids for the six airports from 10 bidders.
The PPF bid amounts show how aggressively the Adani Group bid for the airports. Adani’s foray into airport will now mean India has more private sector biggies in the field which so far was dominated by the GMR (Delhi and Hyderabad) and GVK (Mumbai and till some years back Bangalore).
25/02/19 Saurabh Sinha/Times of India
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“The tendering process is complete. Now the actual award of work and transfer of the airports to the highest bidder will happen after Cabinet clearance,” said a senior AAI official. The financial bids for all the six airports were to be opened on Monday. “However, there was a judicial order against opening of Guwahati airport which has now been lifted. The bids for that airport will open on Tuesday,” said the official.
The GMR and Adani Groups had bid for all the six airports. According to the request for proposal issued for these airports last December, the letter of award has to be issued to the winning bidder on February 28.
This is the second big round of privatising airports after Delhi and Mumbai were handed out to private players, GMR and GVK, over a decade back. AAI has now opted for a new model of revenue generation from these six airports’ prospective bidders. “The concessionaire shall pay to the Authority, on a monthly-basis, a fee (the ‘per-passenger fee’ or PPF) in respect of each passenger (both domestic and international) handled at the airport in accordance with the concession agreement,” the RFP document says.
Adanis PPF was the highest at the five airports whose financial bids were opened on Monday. For Ahmedabad, the PPF quoted by Adani and GMR is learnt to be Rs 177 and Rs 85, respectively. Similarly, the bid by Adani and GMR for Jaipur was Rs 174 and Rs 69; for Mangalore Rs 115 and Rs 18; for Trivandrum Rs 168 and Rs 63 and for Lucknow it was Rs 171 and Rs 63.
Jaipur and Ahmedabad airports had got seven bids each; Lucknow and Guwahati six each and Mangalore and Thiruvananthapuram three each. In all, AAI has got 32 bids for the six airports from 10 bidders.
The PPF bid amounts show how aggressively the Adani Group bid for the airports. Adani’s foray into airport will now mean India has more private sector biggies in the field which so far was dominated by the GMR (Delhi and Hyderabad) and GVK (Mumbai and till some years back Bangalore).
25/02/19 Saurabh Sinha/Times of India
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