Friday, September 10, 2021

13 more airports to be privatised; 7 small airports to be clubbed with 6 big ones for this PPP round

New Delhi: Days after the government announced its ambitious asset monetisation plan, the Airports Authority of India (AAI) on Thursday approved the privatisation of 13 more airports by next year — six major ones and seven smaller ones that will be clubbed with the bigger ones.

The six big airports are: Amritsar, Bhubaneshwar, Indore, Raipur, Trichy and Varanasi. Seven smaller ones, that will be clubbed with the big ones, are those at Hubli, Tirupati, Aurangabad, Jabalpur, Kangra, Kushinagar and Gaya.

The government expects private investment of about Rs 3,700 crore in airport by March 2024.

Sources say the clubbing will be like this: Varanasi with Kushinagar and Gaya; Amritsar with Kangra; Bhubaneswar with Tirupati; Raipur with Aurangabad; Indore with Jabalpur and Trichy with Hubli.

AAI will now begin the process of preparing bid documents so that the same can happen and process completed by next year. The Buddhist circuit of Varansi-Kushinagar-Gaya is likely to get significant interest from bidders due to the tourism potential of these cities, apart from Varanasi being a big destination in itself.

10/09/21 Saurabh Sinha/Times of India

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