Adani wins bid to operate and upgrade 5 airports including SVPI Ahmedabad

Gandhinagar: Adani Group has won bid to upgrade and operate 5 airports and development of additional air-side terminals, city-side and land-side infrastructure for a period of 50 years. The airports are under the Airport Authority of India (AAI) . They are at Ahmedabad, Jaipur, Lucknow, Trivandrum and Mangalore. Bid for Guwahati airport likely to open tomorrow. Apart of Adani Enterprises. The winning bid was decided on the basis of the highest monthly per-passenger fee offered by bider to AAI. For Ahmedabad airport, Adani’s bid was Rs. 177 against Rs. 146 bid by NIIF(National Investment and Infrastructure Fund), Rs. 127 by Australia’s AMP capital, Rs. 93 by I Investment, Rs. 85 by GMR, Rs. 60 by Autostrade.

The five airports would be handed over to Adani group after completion of formalities. A total of 32 technical bids were received from 10 companies to operate six airports that are currently under AAI’s management.In November last year, the government had cleared a proposal for managing six AAI-run airports on public-private partnership (PPP) basis.The move to manage the six airports on PPP basis, according to AAI, is part of an initiative to provide world-class infrastructure and services to stakeholders.

DeshGujarat