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13 more airports to be privatised; 7 small airports to be clubbed with 6 big ones for this PPP round

Posted : 10 September 2021 01:44:39 | By TWO Bureau | GNN Bureau

13 more airports to be privatised; 7 small airports to be clubbed with 6 big ones for this PPP round

Days after the Indian government introduced its bold asset monetisation plan, the Airports Authority of India (AAI) on Thursday permitted the privatisation of 13 extra airports by subsequent 12 months — six main ones and 7 smaller ones that might be clubbed with the larger ones.
The six large airports are: Amritsar, Bhubaneshwar, Indore, Raipur, Trichy and Varanasi. Seven smaller ones, that might be clubbed with the massive ones, are these at Hubli, Tirupati, Aurangabad, Jabalpur, Kangra, Kushinagar and Gaya.

The Centre expects non-public funding of about Rs 3,700 crore in airport by March 2024.
Sources say the clubbing might be like this: Varanasi with Kushinagar and Gaya; Amritsar with Kangra; Bhubaneswar with Tirupati; Raipur with Aurangabad; Indore with Jabalpur and Trichy with Hubli.
AAI will now start the method of making ready bid paperwork in order that the identical can occur and course of accomplished by subsequent 12 months. The Buddhist circuit of Varansi-Kushinagar-Gaya is prone to get vital curiosity from bidders because of the tourism potential of those cities, aside from Varanasi being a giant vacation spot in itself.

That is the primary time that smaller airports are being clubbed with greater ones whereas choosing the PPP mode by which on income share mannequin a non-public participant develops and expands airports whereas their possession stays with the government.



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Tags : #Airport authority of India, # PPP mode,


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