Centre approves leasing out of Jaipur, Guwahati & Trivandrum airports to Adani

August 20, 2020: The union cabinet chaired by the prime minister Narendra Modi has approved the proposal for leasing out Jaipur, Guwahati and Thiruvananthapuram airports of Airports Authority of India (AAI) to Adani Enterprises for fifty years operation, management and development through Public-Private Partnership (PPP).

Update: 2020-08-20 04:50 GMT
Government had leased out the Airports Authority of India's airports at Delhi and Mumbai on Public-Private Partnership for operation, management and development about a decade ago.

August 20, 2020: The union cabinet chaired by the prime minister Narendra Modi has approved the proposal for leasing out Jaipur, Guwahati and Thiruvananthapuram airports of Airports Authority of India (AAI) to Adani Enterprises for fifty years operation, management and development through Public-Private Partnership (PPP).

Adani Enterprises is declared as the successful bidder in a Global Competitive Bidding conducted by the Airports Authority of India earlier.

Bidding process
“Airports Authority of India released Request for Proposal on December 14, 2018 through global competitive bidding wherein per passenger fee is the bidding parameter. The technical bids were opened on February 16, 2019 and the financial bids of the qualified bidders were opened on February 25/ February 26, 2019. Adani Enterprises has won all the bids by quoting highest per passenger fee for all the three airports i.e. Jaipur, Guwahati and Thiruvanathapuram. These projects will bring efficiency in service delivery, expertise, enterprise and professionalism apart from harnessing the needed investments in the public sector,” noted the release.

Delhi & Mumbai
The government had leased out the Airports Authority of India's airports at Delhi and Mumbai on Public-Private Partnership for operation, management and development about a decade ago.

“While these PPP experiments have helped create world-class airports and helped in the delivery of efficient and quality services to the airport passengers, it has also helped AAI in enhancing its revenues and focusing on developing airports and Air Navigation infrastructure in the rest of the country. Revenue received by AAI from PPP partners enabled AAI to create infrastructure facilities in Tier-2 and Tier-3 cities and also to upgrade their airports to international standards. The PPP airports in India are consistently ranked among the top 5 in their respective categories by the Airports Council International (ACI) in terms of Airport Service Quality (ASQ),” said the central government release.

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