Adani, GMR among 10 bidders for 6 airports: Bids opening today

Feb 25, 2019
NEW DELHI: The Adani Group and GMR Infrastructure Ltd have bid for all six non-metro airports put up for privatization by the Government. The Airports Authority of India received a total of 32 bids from 10 bidders.

Apart from GMR and Adani, the others are CIAL, AMP Capital Investors (UK) Ltd, PNC Infra, Autostrade, NIIF and Investments Ltd and KSIDC and Sanna Enterprise.

The financial bids will be opened on February 25.

The airports are Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru, reported Mint.

Last year, the Government had cleared the privatization of the six airports under the public-private partnership model, run by the AAI.

The revenue-sharing model this time is the monthly per-passenger fee the bidder will offer. The contract will be covering the operations and maintenance of the airports for a period of 50 years.

The development of these airports will attract investments worth $1.4 b, Rating agency Crisil had said.

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