The GMR Group, the Adani Group, National Investment and Infrastructure Fund (NIIF) and Fairfax India Holdings have participated in the tender issued by the Airports Authority of India (AAI) to privatise six non-metro airports, according to people briefed on the bids.
Australia’s AMP Group and PNC Infratech Ltd are also understood to have submitted their qualification documents to the AAI when the deadline ended on Thursday. BusinessLine could not independently verify the participation of AMP and PNC Infratech.
The AAI could not be reached immediately for comment.
The short timeframe for submitting the initial bids and unfavourable qualification terms have depressed bidders’ interest in the projects, according to a consultant briefed on the plan.
