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11 AIRPORT PRIVATISATION
India caps airport bundles per bidder to curb market concentration concerns: ReportThe government plans to cap private bidders winning airport bundles. This aims to prevent excessive market concentration and financial leve...- 11 airports to see Rs 8,622 crore private investment under 50-year concessionsIndia expects private operators to invest approximately ₹8,622 crore in eleven airports. These airports will be awarded through five bundle...
- Airport privatisation: Government weighs bid cap to boost competitionIndia is redefining the rules of the game with its upcoming airport privatisation plans, aiming to curb monopolistic tendencies in the avia...
- Wider commercial use of airport land may be cleared for take-offThe Indian government is considering amending the AAI Act to allow private airport operators to develop shopping complexes, conference cent...
- Government puts airport privatisation plan in flight mode againIndia has resumed the privatisation process for 13 airports to increase revenue through asset monetisation. The Ministry of Civil Aviation ...
- Centre likely to go slow on airport privatisation planDifferent arms of government are debating over the modalities of the sale as it is felt that there may not be aggressive bidding because of...
- Budget 2023: More airports set to be privatised, govt looking to raise Rs 8,000 crore, reports sayThe ministry is looking to attract more private investment in the aviation sector and announcements are likely to be made in the upcoming b...
- No graft by govt officials in GVK case: CBI CourtIn June 2020, the CBI had registered a case of criminal conspiracy and fraud against the Hyderabad-based infrastructure conglomerate - the ...
- AAI hands over Lucknow airport to Adani group on lease for 50 yearsThe central government in February 2019 privatised six major airports of the country -- Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananth...
- Adani Group emerges highest bidder for Guwahati airportA total of 32 technical bids were received from 10 companies to operate the six airports.
- Group of secretaries formed to see through privatisation of 6 airportsThe government’s focus is on the aviation space, and it has also launched a regional connectivity scheme to subsidise flights to the unserv...
- Airports privatisation bidding deadline extended due to 'HR issues'Government extended bidding deadline by private firms for management, operation and development of 4 AAI-run airports due to HR-related and...
- Airport privisatisation: Government mulling amending manpower clauseWith AAI employees deciding to go on strike on March 11 to protest privatisation, the government is mulling amending the manpower absorptio...
- Airport privatisation: AAI employees to strike work on March 11The decision to strike work was taken at a meeting of the joint forum of Airports Authority of India (AAI) associations and unions held las...
- Planning Commission to discuss new policy for green-field airports built via PPPsPlan Comm’s infra division has scheduled a meeting on April 29 to discuss a new model concession agreement for greenfield airports built un...
- Airports privatisation: Bidders shortlisting deadline deferredThe date for announcement of the shortlisted bidders for the airport earlier deferred to December 15, and now advanced again to November 27.
- AERA gets it wrong; scraps 11 JVs for nonaeronautical operationsThe move would be retrograde, affect such operations negatively, stem realisations and needlessly compromise the overall airport ambience.
- AAI seeks cash for giving up big airportsAAI has decided to seek compensation from the government for the revenue loss suffered due to closure of commercial operations at two of it...
- GMR Group eyes railway stations developmentInfrastructure major GMR Group is looking at developing railway stations in the event of their being privatised.
- Turkey for India investments in energy, infraTurkey invites Indian companies to partner in sugar, energy and petrochemicals sectors.
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