Sunday, June 22, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Projects

Approved: Adani leases three airports under the PPP scheme

Fiinews by Fiinews
August 20, 2020
in Projects
Reading Time: 2 mins read
A A
0
Adani Group
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Lease set calls for winning private investments

Adani Enterprises Ltd has been given a 50-year lease each for the operation, management and development of Jaipur, Guwahati and Thiruvananthapuram airports through the Public Private Partnership (PPP) scheme.

Adani won the concession under a Global Competitive Bidding conducted by the Airports Authority of India (AAI), the owner of the three airports.

The Cabinet chaired by the Prime Minister Narendra Modi on 19 August 2020 approved Adani’s bid.

The concession will bring efficiency in service delivery, expertise, enterprise and professionalism apart from harnessing the needed investments from the public sector, said the Cabinet.

The Government appreciated the success from leasing AAI’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, said the Cabinet.

Revenue from PPP partners has enabled AAI to create infrastructure facilities in Tier-2 and Tier-3 cities and helped upgrade 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).

Therefore, the Government decided to lease out more airports of AAI for Operation, Management and Development under PPP through the Public Private Partnership Appraisal Committee (PPPAC).

The Government has also constituted an Empowered Group of Secretaries (EGoS) to decide on any issue falling beyond the scope of PPPAC.

The AAI had released Request for Proposal on 14 Dec 2018 through global competitive bidding wherein per passenger fee is the bidding parameter.

The technical bids were opened on 16 Feb 2019 and the financial bids of the qualified bidders were opened on 25 Feb 2019, 26 Feb 2019.

Adani Enterprises won all the bids by quoting highest per passenger fee for Jaipur, Guwahati and Thiruvanathapuram airports, said the Cabinet in a release. #IATA #airports #development #civilaviation /fiinews.com

Tags: Adani Enterprises LtdAirport Authority of India
ShareTweetShare

Related Posts

Projects

Tech: BSNL Quantum 5G FWA soft launched

by Fiinews
June 22, 2025
0
13

Pilot launch will go live by September 2025 Bharat Sanchar Nigam Limited (BSNL) had a soft launch of BSNL Quantum...

Steel Cutting Of Navy Ship
Projects

Project: HSL holds FSS steel cutting ceremony

by Fiinews
June 22, 2025
0
12

FSS project will boost Shipbuilding Industry A ‘Steel Cutting’ ceremony for fourth of the five Fleet Support Ships (FSS) was...

PIB

Project: Anti-Submarine INS Arnala commissioned

June 20, 2025
21
Dnv Grse

Project: DNV-India deepen maritime cooperation

June 16, 2025
15
PIB

Project: Joshi underlines Wind Energy strategy

June 16, 2025
18
Mont Vert

Project: Mont Vert to build Kazakh Hospital

June 16, 2025
15
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tech: HCLTech to enhance operations at Just Energy
  • Tender: Odisha to develop 5,000 MW renewables
  • Invest: Campus Fund backs first-time founders
  • Tender: Rooftop solar boosting program launched
  • Manufacturing: Minister reviews Salem Steel

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.