Elections 2019: Model code of conduct puts Adani airport plans on hold

New Delhi: Gautam Adani-led Adani Enterprises Ltd will have to wait, at least till the Lok Sabha elections are over, to begin its quest to become India’s largest private airport operator.

The Narendra Modi government has decided not to take to the cabinet a proposal for awarding the six airport privatization projects Adani had won in an auction last month, according to a government official. Cabinet clearance is needed for awarding the airport projects.

The decision to defer handing over the six airports, at present run by the Airports Authority of India (AAI), to Adani may have been prompted by the government’s intent to avoid a political controversy before the general elections. Such large contracts had become a subject of political controversies in the past.

Read more

You may also like

Comments are closed.