Wednesday, August 19, 2020

Aviation ministry to meet cabinet tomorrow over privatisation of airports

New Delhi: The Ministry of Civil Aviation will place a proposal for "further" privatisation of airports before the Union Cabinet on Wednesday, Minister Hardeep Singh Puri said.
In the first round of privatisation under the Narendra Modi dispensation, the airports in Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram and Guwahati were cleared for operation, management and development through public-private partnership (PPP) model in February 2019. Subsequently, the Airports Authority of India (AAI) had in September 2019 recommended the Civil Aviation Ministry to privatise airports in Amritsar, Varanasi, Bhubaneswar, Indore, Raipur and Trichy.  Hardeep Puri said during a webinar today that, "We are going to the Cabinet tomorrow for further airport privatisation. We have got many more airports lined up, dozens of them, and the 100 new airports we will build between now and 2030."
The Airports Authority of India, which works under the Ministry of Civil Aviation, owns and manages more than 100 airports across the country. Adani Enterprises had won the rights to run six airports - Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati - after a competitive bidding process in February 2019. Adani Enterprises signed the concessionaire agreement with the AAI for three airports - Ahmedabad, Mangaluru and Lucknow - on February 14, 2020. It is yet to sign the concessionaire agreement for the other three airports. In June this year, the AAI gave three more months to the Adani group to take over the management of the airports of Ahmedabad, Mangaluru and Lucknow due to the COVID-19 scenario.
18/08/20 Shreya/One India
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