The government has decided to temporarily defer the proposed sale of AAI’s stakes in the private joint ventures operating the airports at Delhi, Mumbai, Hyderabad and Bangalore, according to a senior official.
State-owned Airport Authority of India’s (AAI) residual stakes in the four major airports are to be sold under the government’s ambitious National Monetisation Pipeline (NMP) that was announced in August last year.
NMP estimates aggregate monetisation potential of Rs 6 lakh crore through core assets of the central government over a four-year period from FY 2022 to FY 2025.