A total of 10 entities have submitted bids for six AAI-owned airports for privatisation. Among the bidders, GMR Airports and Adani Enterprise are offering to operate all the six aerodromes.
Others bidders are Autostrade from Italy, AMP Capital Investors (UK), Mauritius-based I Investments, Cochin International Airport (CIAL), Kerala State Industrial Development Corporation (KSIDC), National Investment and Infrastructure Fund (NIIF), PNC Infrastructure and Sanna Enterprises.
Six airports — Jaipur, Ahmedabad, Lucknow, Mangalore, Guwahati and Trivandrum — were put on the block by state-owned Airports Authority of India on December 14, 2018. The bidder quoting the highest per-passenger fee for domestic travellers will be awarded the rights to operate, manage and develop the six non-metro airports.
The winning bids will be announced on February 28.
Experts believe that liberal bid conditions have generated this interest.
“This is a positive response from bidders considering what happened in Mopa (Goa) and Navi Mumbai airports where there was not much interest,” Satyan Nayar, secretary general, Association of Private Airport Operators (APAO) said while adding that more bidders would have applied if the tender schedule was relaxed.
While the GMR operates Delhi and Hyderabad airports, Adani Enterprise has been vying to enter the airport sector for some time now.
Fairfax India, which operates Bengaluru airport, and GVK, which handles Mumbai, did not sumbit a bid. All these airports are profit making facilities for the AAI and handle between 2.27 to 9.17 million passengers annually.
17/02/19 Arun Nayal/Financial Express
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Others bidders are Autostrade from Italy, AMP Capital Investors (UK), Mauritius-based I Investments, Cochin International Airport (CIAL), Kerala State Industrial Development Corporation (KSIDC), National Investment and Infrastructure Fund (NIIF), PNC Infrastructure and Sanna Enterprises.
Six airports — Jaipur, Ahmedabad, Lucknow, Mangalore, Guwahati and Trivandrum — were put on the block by state-owned Airports Authority of India on December 14, 2018. The bidder quoting the highest per-passenger fee for domestic travellers will be awarded the rights to operate, manage and develop the six non-metro airports.
The winning bids will be announced on February 28.
Experts believe that liberal bid conditions have generated this interest.
“This is a positive response from bidders considering what happened in Mopa (Goa) and Navi Mumbai airports where there was not much interest,” Satyan Nayar, secretary general, Association of Private Airport Operators (APAO) said while adding that more bidders would have applied if the tender schedule was relaxed.
While the GMR operates Delhi and Hyderabad airports, Adani Enterprise has been vying to enter the airport sector for some time now.
Fairfax India, which operates Bengaluru airport, and GVK, which handles Mumbai, did not sumbit a bid. All these airports are profit making facilities for the AAI and handle between 2.27 to 9.17 million passengers annually.
17/02/19 Arun Nayal/Financial Express
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