Saturday, June 21, 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 Investment

Investments: 25 airports to be leased out in 2022-25 under NMP

Fiinews by Fiinews
December 21, 2022
in Investment
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Airports are a nucleus of economic activities, says Gen. Singh

Twenty-five airports have been earmarked for leasing over the years 2022 to 2025 under the National Monetization Pipeline (NMP) scheme, Minister of State of Civil Aviation Gen. (Dr) V. K. Singh (Retd) said in a written reply to Rajya Sabha on 19 Dec 2022.

The Airports are: Bhubaneshwar, Varanasi, Amritsar, Trichy, Indore, Raipur, Calicut, Coimbatore, Nagpur, Patna, Madurai, Surat, Ranchi, Jodhpur, Chennai, Vijayawada, Vadodara, Bhopal, Tirupati, Hubli, Imphal, Agartala, Udaipur, Dehradun and Rajahmundry.

He added that Airport Authority of India has leased out eight of its airports under Public Private Partnership (PPP) for operation, management and development on long term lease basis. 

Details of airports along with the Concessionaires are as under:

(1) Indira Gandhi International Airport, Delhi – M/s Delhi International Airport Limited (DIAL)

(2) Chhatrapati Shivaji Maharaj International Airport, Mumbai – M/s Mumbai International Airport Limited (MIAL)

(3) Chaudhary Charan Singh International Airport, Lucknow – M/s Lucknow International Airport Limited (LIAL)

(4) Sardar Vallabhbhai Patel International Airport, Ahmedabad – M/s Ahmedabad International Airport Limited (AIAL)

(5) Mangaluru International Airport – M/s Mangaluru International Airport Limited (MaIAL)

(6) Jaipur International Airport – M/s Jaipur International Airport Limited (JIAL)

(7) Lokpriya Gopinath Bordoloi International Airport, Guwahati – M/s Guwahati International Airport Limited (GIAL)

(8) Thiruvananthapuram International Airport –  M/s  TRV-Kerala International Airport Limited (TIAL)

AAI airports are leased out in public interest for their better management utilizing private sector efficiency and investment, added the Minister.

States and passengers are the ultimate beneficiary of enhanced airport infrastructure and facilities created by private partner, who operates, manages and develops the leased airport under PPP.

Airports have emerged as a nucleus of economic activities and have multiplier effect on the economy of the State, said Gen. Singh. 

The revenue received by AAI from the leased airports is also utilized in development of airport infrastructure across the country, he said. fiinews.com

Tags: Ministry of Civil Aviation
ShareTweetShare

Related Posts

Makemytrip
Investment

Invest: MakeMyTrip offers 14m shares

by Fiinews
June 17, 2025
0
16

Proceeds to repurchase portion of Trip.com shares MakeMyTrip Ltd (NASDAQ: MMYT) has announced the commencement of a proposed primary offering...

PIB
Investment

Invest: PM welcomed Cyprus FDI in Indian economy

by Fiinews
June 17, 2025
0
13

Limassol roundtable held with Cyprus-India businesses Prime Minister Narendra Modi sees Cyprus as a significant economic partner for India, particularly...

IREDA

Invest: IREDA raises Rs.2,005.9cr of Green Finance

June 13, 2025
17
Swissmem Academy

Invest: Swiss businesses invited to India

June 12, 2025
15
Gc Niif

Invest: NIIF GC appreciates ADIA-Temasek

June 11, 2025
14
Whatsapp Image 2025 06 17 At 11.55.16

Invest: Quantel-Sincere work on US-India clients

June 18, 2025
25
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

  • Manufacturing: Minister reviews Salem Steel
  • Tech: BSNL Quantum 5G FWA soft launched
  • Project: HSL holds FSS steel cutting ceremony
  • Tender: PM officiates on Rs18600cr Odisha projects
  • Tech: LTIMindtree launches AI ecosystem

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.