Adani to run airports in Thiruvanathapuram, Jaipur and Guwahati

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The Thiruvananthapuram Jaipur and Guwahati airports will from now onwards run by private players with the Centre giving the nod for leasing out these three airports. The decision was taken at the Union Cabinet meeting held on Wednesday, August 19.

The three airports have been leased out to M/s Adani Enterprises Ltd, who is declared as the successful bidder in a Global Competitive Bidding conducted by the Airports Authority of India, for a period of fifty years.

Earlier 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 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, an official release said.

It said that the revenue received by AAI from PPP partners enabled it 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), the release said.

The Public Private Partnership Appraisal Committee (PPPAC) approved the transaction documents. The entire bidding process was carried out under the supervision and directions of EGoS which comprised of representatives of NITI Aayog, Department of Expenditure and Department of Economic Affairs (DEA) of Ministry of Finance (MoF).

Airports Authority of India released Request for Proposal on 14.12.2018 through global competitive bidding wherein per passenger fee is the bidding parameter. The technical bids were opened on 16.02.2019 and the financial bids of the qualified bidders were opened on 25.02.2019/ 26.02.2019. M/s Adani Enterprises Ltd. has won all the bids by quoting highest per passenger fee for all the three airports i.e. Jaipur, Guwahati and Thiruvanathapuram.

 

 

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