Union Cabinet approves proposal for leasing out Jaipur, Guwahati and Thiruvananthapuram airports

Adani Enterprises had won the rights to run six airports through PPP model after a competitive bidding process in February 2019

Press Trust of India August 19, 2020 16:44:40 IST
Union Cabinet approves proposal for leasing out Jaipur, Guwahati and Thiruvananthapuram airports

New Delhi: The Union Cabinet on Wednesday approved the proposal for leasing out airports at Jaipur, Guwahati and Thiruvananthapuram through public-private partnership (PPP).

Adani Enterprises had won the rights to run six airports -- Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati -- through PPP model after a competitive bidding process in February 2019.

These six airports are owned by the Airports Authority of India (AAI).

Adani Enterprises had signed the concessionaire agreement with AAI for three airports - Ahmedabad, Mangaluru and Lucknow - on 14 February, 2020.

At a press conference on Wednesday, Union Environment Minister Prakash Javadekar said the cabinet has approved the proposal for leasing out Jaipur, Guwahati, Thiruvananthapuram airports through PPP model.

Updated Date:

also read

Xi Jinping makes rare visit to Nyingchi bordering Arunachal Pradesh
World

Xi Jinping makes rare visit to Nyingchi bordering Arunachal Pradesh

Nyingchi is a prefecture-level city in Tibet that is adjacent to the Arunachal Pradesh border

Adani group rejigs airport business leadership; to relocate AAHL head office from Mumbai to Ahmedabad
Business

Adani group rejigs airport business leadership; to relocate AAHL head office from Mumbai to Ahmedabad

The reshuffle comes following Adani Airport Holdings Ltd's acquisition of Mumbai Airport International Airport Ltd from the GVK group

Delhi airport to resume flight operations at Terminal 2 from 22 July after two-month gap
India

Delhi airport to resume flight operations at Terminal 2 from 22 July after two-month gap

The decision to resume T2 operations was taken after the airport started witnessing gradual growth in passenger footfall post relaxation in lockdown and travel norms