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Infrastructure conglomerate, Adani Group, has made a splash into the airports business by emerging the highest bidder for five of the six non-metro airports run by the Airports Authority of India (AAI) being privatised by the Central Government.
The Adani Group placed the highest price bids for Ahmedabad, Jaipur, Lucknow, Mangalore and Thiruvananthapuram airports, when the bids were opened today, sources said.
The bid for the Guwahati airport could not be opened due to a stay granted by the Guwahati High Court against the privatisation process, the person said, asking not to be named because the bid results have not been made public yet.
AAI has sought bids for the operation and management of existing airport assets as well as their upgradation and development of additional air-side terminals, city-side and land-side infrastructure for 50 years for Ahmedabad, Guwahati, Jaipur, Lucknow, Mangalore and Thiruvananthapuram airports under a single stage bidding process.
The winning bid is decided on the basis of the highest monthly per-passenger fee that the concessionaire will offer to the AAI. This is a departure from the revenue-sharing model that the AAI had adopted in the existing privatized airports such as Delhi, Mumbai and Bengaluru.
TheHindu
The Adani Group placed the highest price bids for Ahmedabad, Jaipur, Lucknow, Mangalore and Thiruvananthapuram airports, when the bids were opened today, sources said.
The bid for the Guwahati airport could not be opened due to a stay granted by the Guwahati High Court against the privatisation process, the person said, asking not to be named because the bid results have not been made public yet.
AAI has sought bids for the operation and management of existing airport assets as well as their upgradation and development of additional air-side terminals, city-side and land-side infrastructure for 50 years for Ahmedabad, Guwahati, Jaipur, Lucknow, Mangalore and Thiruvananthapuram airports under a single stage bidding process.
The winning bid is decided on the basis of the highest monthly per-passenger fee that the concessionaire will offer to the AAI. This is a departure from the revenue-sharing model that the AAI had adopted in the existing privatized airports such as Delhi, Mumbai and Bengaluru.
TheHindu
