As Govt Approves Airport Leasing, Delhi-Based Law Firm Questions Move Amid Covid-19 Fallout
4 years, 4 months ago

As Govt Approves Airport Leasing, Delhi-Based Law Firm Questions Move Amid Covid-19 Fallout

News 18  

Even as the government has approved the proposal for leasing out of three Airports Authority of India -run airports, what is to be seen is how effectively and efficiently would it be able to complete the process especially during the coronavirus pandemic, a Delhi-based law firm has said. On Wednesday, Union Environment Minister Prakash Javadekar announced that the government has given its go-ahead to lease out Guwahati, Thiruvananthapuram and Jaipur airports through public-private partnership. "After the success of Delhi and Mumbai airports, what needs to be seen for the future airports privatisation is how effectively and efficiently would the government be able to complete the process especially during the pandemic," said Poonam Verma, partner, J Sagar Associates, said. She said it has been observed that revenue share payments have been getting delayed from time to time, making it difficult to actively take up the future privatisation process.

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History of this topic

AAI employees refuse to join Adani Group as joint operation ends in three airports
1 year, 1 month ago

AAI employees refuse to join Adani Group as joint operation ends in three airports

The Hindu  

Though the Airports Authority of India is keen on privatising airports run by it, its employees seem to be wary of their career prospects under the new private concessionaire who has taken over six airports in the country. The three-year joint operation by the employees of the AAI and the Adani Group has been completed in three airports, namely Ahmedabad, …

AAI yet to make a tangible economic gain by leasing Thiruvananthapuram airport
1 year, 4 months ago

AAI yet to make a tangible economic gain by leasing Thiruvananthapuram airport

The Hindu  

Even as the Centre is taking steps to privatise selected airports under the Airports Authority of India, including the Calicut International Airport, in the next phase, the six airports privatised by the Centre — Ahmedabad, Mangaluru, Lucknow, Guwahati, Jaipur and Thiruvananthapuram – have contributed a total of ₹896 crore as Per Passenger Fee to the AAI since handing over of …

Tamil Nadu Govt Demands Revenue Share From AAI During Privatisation of Airports
2 years, 8 months ago

Tamil Nadu Govt Demands Revenue Share From AAI During Privatisation of Airports

News 18  

With the central government looking at privatisation of airports, the Tamil Nadu government has taken a policy decision that it should have a share in the revenue realised by the former while transferring the airport. “Therefore, a decision has been taken that in the event, the state government acquires and transfers the lands to Airports Authority of India free of …

AAI earned ₹ 30,069 crore from joint venture and PPP airports till 2020-21: Govt
3 years, 4 months ago

AAI earned ₹ 30,069 crore from joint venture and PPP airports till 2020-21: Govt

The Hindu  

The Airports Authority of India has earned approximately ₹ 30,069 crore till 2020-21 from its joint venture airports or public private partnership airports that are being run by private entities, Minister of State for Civil Aviation V.K. "The AAI has accrued approximately ₹ 30,069 crore from its joint venture airports/public private partnership airports run by private entities till financial year …

Indian Airports Need an Upgrade, but Next Round of Privatisation Faces Unique Challenges
3 years, 9 months ago

Indian Airports Need an Upgrade, but Next Round of Privatisation Faces Unique Challenges

News 18  

Until the coronavirus pandemic hit and disrupted the ways of the world, the Indian aviation market was witnessing phenomenal growth. Deviating from PPP Model At the time of writing this, 12 airports, all brownfield, are lined up for potential privatisation while two major greenfield airport projects at Jewar and Navi Mumbai are underway. Because these are smaller cities, each with …

Govt. defends decision that led to Adani bagging six airports
3 years, 11 months ago

Govt. defends decision that led to Adani bagging six airports

The Hindu  

The Ministry of Civil Aviation on Thursday asserted that the Centre’s decision to dispense with a cap on the number of airports a single entity could bid for — a move that paved the way for Adani Enterprises Ltd. to emerge as the highest bidder for six AAI airports — had been taken on considerations of operational scale. “The EGOS …

Pact signed for handing over of capital airport
3 years, 11 months ago

Pact signed for handing over of capital airport

The Hindu  

Despite opposition from the State and cases in the Supreme Court, the Airports Authority of India on Tuesday signed concession agreements with Adani Airports Ltd for operations, management and development of the Thiruvananthapuram international airport via PPP mode for 50 years. The date of signing of the pact was not announced as petitions filed by the Kerala government and the …

AAI to Sign Concession Agreement for Three State-Run Airports in January 2021
3 years, 11 months ago

AAI to Sign Concession Agreement for Three State-Run Airports in January 2021

News 18  

After the receipt of security clearance, the state-run Airport Authority of India will sign the concession agreement for Jaipur, Guwahati, Trivandrum airports with a private player. According to Airport Authority of India Chairman Arvind Singh, the security clearances have been received and the concession agreement will be signed in January. A presentation by the Civil Aviation Ministry said that the …

Adani gets till 12 Nov to take over airports
4 years, 2 months ago

Adani gets till 12 Nov to take over airports

Live Mint  

The Airports Authority of India has given Adani Enterprise time till 12 November to take over the management of three privatised airports of Ahmedabad, Mangaluru and Lucknow due to the ongoing covid-19 pandemic, ministry of civil aviation said in a presentation on Thursday. Due to covid-19, M/s Adani Enterprises Ltd has cited force majeure and filed for extension in March, …

'Air India has been an asset': Hardeep Singh Puri hopeful of privatising Air India in 2020
4 years, 3 months ago

'Air India has been an asset': Hardeep Singh Puri hopeful of privatising Air India in 2020

India TV News  

Civil Aviation Minister Hardeep Singh Puri on Sunday said that the government should not be running airports and airlines and added that he hopes to privatise Air India during 2020. Addressing a virtual meet on Namo app, Puri said, "I can tell you from my heart the government should not be running airports and the government should not be running …

Govt should not be running airport and airlines, hopeful of privatising Air India in 2020: Hardeep Puri
4 years, 3 months ago

Govt should not be running airport and airlines, hopeful of privatising Air India in 2020: Hardeep Puri

India Today  

The government should not be running airports and airlines, Civil Aviation Minister Hardeep Singh Puri said on Sunday, adding that he hopes to privatise Air India during 2020. Addressing a virtual meet on Namo app, Puri said, "I can tell you from my heart the government should not be running airports and the government should not be running airlines." Last …

Airport Privatisation: Congress Wants Kerala Govt to Clarify Involvement of Firm Close to Adani Group
4 years, 4 months ago

Airport Privatisation: Congress Wants Kerala Govt to Clarify Involvement of Firm Close to Adani Group

News 18  

Leader of the Opposition in the Kerala Assembly Ramesh Chennithala on Saturday asked the LDF government to clarify the alleged involvement of a firm close to the Adani Group in the state's bidding process for privatisation of the Thiruvananthapuram airport. The CPI-led state government and the opposition Congress has opposed the Union Cabinet's approval to lease the Thiruvananthapuram airport to …

'In 2003, Centre Made Pledge It Would Consult States': DMK Opposes Govt's Move to 'Privatise' Airports
4 years, 4 months ago

'In 2003, Centre Made Pledge It Would Consult States': DMK Opposes Govt's Move to 'Privatise' Airports

News 18  

The opposition DMK in Tamil Nadu on Friday opposed the Centre's decision to "privatise" airports, saying the move "usurps the rights and autonomy from the State." In an apparent reference to the Centre deciding to lease out three airports, including the one at Thiruvananthapuram, DMK President M K Stalin described the decision as "unilateral" and demanded its revocation. "It violates …

Govt Approves Leasing of Jaipur, Guwahati, Thiruvananthapuram Airports Under PPP Model
4 years, 4 months ago

Govt Approves Leasing of Jaipur, Guwahati, Thiruvananthapuram Airports Under PPP Model

News 18  

The Union Cabinet on Wednesday approved a proposal for leasing out airports at Jaipur, Guwahati and Thiruvananthapuram through public-private partnership for a period of 50 years. Adani Enterprises had won the rights to run six airports including these three, the other three being Lucknow, Ahmedabad, Mangalore through the PPP model after a competitive bidding process in February 2019. In July …

Cabinet approves leasing out three major AAI airports of Jaipur, Guwahati, Thiruvananthapuram
4 years, 4 months ago

Cabinet approves leasing out three major AAI airports of Jaipur, Guwahati, Thiruvananthapuram

India TV News  

The Union Cabinet on Wednesday approved the proposal for leasing out airports at Jaipur, Guwahati and Thiruvananthapuram through public-private partnership. Adani Enterprises had won the rights to run six airports - Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati - through the PPP model after a competitive bidding process in February 2019. In July 2019, the Union Cabinet had approved the …

Cabinet Clears Proposal for Leasing out Jaipur, Guwahati and Trivandrum Airports through PPP Model
4 years, 4 months ago

Cabinet Clears Proposal for Leasing out Jaipur, Guwahati and Trivandrum Airports through PPP Model

News 18  

The Union Cabinet on Wednesday approved the proposal for leasing out airports at Jaipur, Guwahati and Thiruvananthapuram through public-private partnership. Adani Enterprises had won the rights to run six airports -- Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram and Guwahati -- through the PPP model after a competitive bidding process last February. In July 2019, the Union Cabinet had approved the proposal …

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