Adani

New Delhi, July 9, 2019:

The Union Cabinet has approved the proposal of the aviation ministry to lease out three airport projects that are being currently operated by the Airports Authority of India (AAI) India through Public-Private Partnership to Adani Enterprise.

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The Government has leased out the three airports -Ahmedabad, Lucknow, and Mangaluru — to Adani Enterprises Limited through a public-private partnership.

Transfer of all six assets to Adani Enterprises will start after this. Six airports- including Trivandrum, Guwahati, and Jaipur were won by Adani Enterprise for a period of 50 years in a bid process that saw participation from GMR, NIIF, Cochin International Airport, AMP Capital, among others. The employees at the airports will have the option of joining Adani Enterprises or staying with the state-owned organization.

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The Adani group had quoted a per passenger fee of Rs 174 for the Jaipur airport, Rs 177 for the Ahmedabad, Rs 155 for Mangalore, Rs 171 for Lucknow and Rs 160 for Guwahati and Rs 168 for Trivandrum airport. It is to be mentioned that a group of prominent citizens dragged the AAI to the Guahati High Court in February opposing its decision to privatize the Lokpriya Gopinath Bordoloi international airport in Guwahati.

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