Adani pays big bucks, lands 5 airports on offer
Adani Enterprises Ltd has won the rights to run five of the six airports, the operations of which are being privatized, beating rival bidders by a steep margin and overnight turning into India’s largest airport operator outside government control.
The Airports Authority of India (AAI), the current owner and operator of Ahmedabad, Jaipur, Lucknow, Thiruvananthapuram and Mangaluru airports, said in a press release on Monday that Adani Enterprises offered ₹177, ₹174, ₹171, ₹168 and ₹115, respectively, as revenue per passenger that it would pay AAI in exchange for a 50-year concession agreement to run these airports.
