Centre to privatise 25 airports including Surat and Vadodara

New Delhi: The central government aims to privatize a total of 25 airports across the country including Surat and Vadodara on Public Private Partnership (PPP) basis under the National Monetization Policy, informed Minister of State for civil aviation V K Singh in reply to a question asked by MP Sandosh Kumar in Rajya Sabha.

The task will be completed before 2025, he states. The estimated CAPEX value of Surat Airport is Rs 301 crore and Rs 245 crore of Vadodara Airport. The development works of Rs 353 crore are ongoing at Surat at present. The operation, management and development rights will be given to private companies under PPP mode. The work of taking Surat under PPP mode will be completed before 2023 and Vadodara before 2024.

The central government estimated 11 lakh, annual passengers, under MNP. A total of 13 airports in the country are leased in PPP mode. The airports to be leased between 2022 to 2025 under National Monetization Policy are Surat, Vadodara, Bhuvneshwar, Varanasi, Amritsar, Trichy, Indore, Raipur, Calicutt, Coimbatore, Nagpur, Patna, Madurai, Ranchi, Jodhpur, Chennai, Vijayawada, Bhopal, Tirupati, Hubli, Imphal, Agartala, Udaipur, Dehradun, and Rajahmundry. DeshGujarat