Rajya Sabha updated on leased airports
As per National Monetization Pipeline (NMP), 25 airports of Airports Authority of India (AAI) have been earmarked for leasing during 2022 to 2025, Minister of State in the Ministry of Civil Aviation Gen. (Dr) V. K.Singh (Retd) said in a written reply to a question in Rajya Sabha 13 Mar 2023.
AAI has leased out eight of its airports at Delhi, Mumbai, Ahmedabad, Guwahati, Jaipur, Lucknow, Mangaluru and Thiruvananthapuram through Public Private Partnership (PPP) for operation, management and development on long term lease basis.
Out of these, Delhi and Mumbai airports were handed over in 2006. During the last five years i.e. from 2017-18 to 2021-22, AAI has received revenues of approximately Rs.5,500 crore from Delhi Airport and Rs.5,174 crore from Mumbai Airport.
Recently awarded six airports under PPP viz. Mangaluru, Lucknow, Ahmedabad, Guwahati, Jaipur and Thiruvananthapuram, have been handed over to the Concessionaires in 2020 and 2021.
Till February 2023, AAI has received concession fees of approximately Rs.896 crore from the concessionaires for these six airports.
Further, AAI has also received an amount of approximately Rs.2,349 crore in the form of upfront fee towards the capital expenditure incurred by AAI at these airports.
During the PPP process i.e. from March 2018 till handing over the airports to the PPP Partner, AAI spent approximately Rs.1,970 crore towards capital works at the recently awarded six PPP airports. fiinews.com
