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.
