Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
11,971.8061.65
Stock Analysis, IPO, Mutual Funds, Bonds & More

Govt to privatise 20-25 airports in next phase: AAI Chairman Guruprasad Mohapatra

Last year, the govt had decided to privatise airports in Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati for operation.

PTI|
Jul 26, 2019, 05.19 PM IST
0Comments
BCCL
Mumbai airport bcccl
In February, the Adani Group bagged contract for five of the six airports.
After privatising six airports, the government is set to privatise 20-25 more in the next phase, Airports Authority of India Chairman Guruprasad Mohapatra said on Friday.

Last year, the government had decided to privatise airports in Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati for operation, management and development through public-private partnership (PPP) model.

In February, the Adani Group bagged contract for five of the six airports.

"We have privatised six airports; we are now planning to privatise 20-25 airports in next phase," said Mohapatra.

"These 20-25 airports will be major airports with annual passenger traffic between 1 and 1.5 million," he told a press briefing here. Mohapatra will take over as Secretary, Department of Industry and Internal Trade, in the Ministry of Commerce from August 1.

The Adani Group were the highest bidder for Ahmedabad, Thiruvananthapuram, Lucknow, Mangaluru and Jaipur airports.

Also Read

Rs 3400 crore for airports in North East: AAI chairman Guruprasad Mahapatra

Government removes AAI Chairman RK Srivastava

AAI Chairman appointed as ACI's regional vice president

Government begins process of appointing full time AAI chairman

Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service