New Delhi: The Union Cabinet today approved the proposal of the aviation ministry to lease out three airport projects – currently operated by the Airports Authority of India (AAI) - to Adani Enterprise.
“Cabinet approves proposal for leasing out of three airports viz. Ahmedabad , Lucknow and Mangaluru of Airports Authority of India through Public Private Partnership,” government spokesperson announced it through Twitter.
ET had reported first during June first week that the airport projects are likely to be approved by the Cabinet in July.
Transfer of all six assets to Adani Enterprises will start after this. Employees at the airports, currently being run by AAI, will have the option of joining Adani Enterprises or staying with the state-owned organisation.
These airports are part of the six airports, including Trivandrum, Guwahati and Jaipur – all the six airports were won by Adani Enterprise for a period of 50 years in a bid process that saw participation from GMR, NIIF, Cochin International Airport, AMP Capital, among others.
These airports are part of the six airports, including Trivandrum, Guwahati and Jaipur – all the six airports were won by Adani Enterprise for a period of 50 years in a bid process that saw participation from GMR, NIIF, Cochin International Airport, AMP Capital, among others.
03/07/19 Mihir Mishra/Economic Times
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“Cabinet approves proposal for leasing out of three airports viz. Ahmedabad , Lucknow and Mangaluru of Airports Authority of India through Public Private Partnership,” government spokesperson announced it through Twitter.
ET had reported first during June first week that the airport projects are likely to be approved by the Cabinet in July.
Transfer of all six assets to Adani Enterprises will start after this. Employees at the airports, currently being run by AAI, will have the option of joining Adani Enterprises or staying with the state-owned organisation.
These airports are part of the six airports, including Trivandrum, Guwahati and Jaipur – all the six airports were won by Adani Enterprise for a period of 50 years in a bid process that saw participation from GMR, NIIF, Cochin International Airport, AMP Capital, among others.
These airports are part of the six airports, including Trivandrum, Guwahati and Jaipur – all the six airports were won by Adani Enterprise for a period of 50 years in a bid process that saw participation from GMR, NIIF, Cochin International Airport, AMP Capital, among others.
03/07/19 Mihir Mishra/Economic Times
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