NEW DELHI: The government will soon start auctioning of six more airports under public private partnership and additional investment by private players in total of 12 airports will be around Rs 13,000 crore, Finance Minister Nirmala Sitharaman said on Saturday.
Airports Authority of India (AAI) has already awarded three out of the six aerodromes that were bid out for operation and maintenance under public private partnership (PPP).
The announcement about airports was made as part of the fourth tranche of stimulus measures to bolster the country’s economy that has been hit hard by the coronavirus pandemic and subsequent lockdown.
Sitharaman said annual revenue of the six airports would be around Rs 1,000 crore while the current profit is about Rs 540 crore per year. Besides, AAI would get a down payment of Rs 2,300 crore.
