Friday, August 30, 2019

Source says govt extends Adani Enterprises airport bid validity date

New Delhi:  The government has extended by three months the bid validity deadline for three airports for which Adani Enterprises Ltd had emerged as the highest bidder, a senior Airports Authority of India official told Cogencis.
In February, Adani Enterprises had emerged as the highest bidder to operate, manage and develop airports in Ahmedabad, Jaipur, Lucknow, Thiruvananthapuram, Mangaluru, and Guwahati on the basis of per-passenger fee payable to the Airports Authority of India.
On Jul 3, the Union Cabinet approved the bids for airports in Ahmedabad, Lucknow and Mangaluru, but not for Jaipur, Guwahati and Thiruvananthapuram.
While approvals for the Guwahati and Jaipur airports are pending with the respective state governments due to legal and land issues, the Kerala government has challenged in court the decision to hand over the Thiruvananthapuram airport to a private player.
The statutory body's request for proposal document stated the validity of the bids at Jul 31, before which a Cabinet approval to hand over control would have had to take place.
30/08/19 Dev Kachari/Cogencis
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