Adani wins bid to redevelop Ahmedabad, Trivandrum, three other airports
New Delhi: The Adani Group has emerged as the highest bidder for developing five out of the six airports for which the Airports Authority of India (AAI) has sought bids. The concession period is for 50 years.
The airports for which the group has emerged the highest bidder—in terms of revenue per passenger to be shared with the government—are Lucknow, Jaipur, Ahmedabad, Mangalore and Trivandrum. Bids for Guwahati airport haven’t opened yet.
An official statement said that Adani Enterprises Ltd emerged as the highest bidder for the five airports. GMR Airports Ltd, Autostrade Indian Infrastructure development Pvt. Ltd, PNC Infratch Ltd, a consortium of National Investment and Infrastructure Fund and Zurich Airport International AG, Kerala State Industrial Development Corp., and Kochi International Airport Ltd were among the other bidders, said the statement.
