Kerala HC upholds Adani airport deal
The Kerala high court on Monday allowed billionaire Gautam Adani to operate the airport in state capital Thiruvananthapuram, rejecting the state government’s contention that the privatization was not in the public interest.
In February 2019, Adani Enterprises Ltd (AEL) had won the rights to operate six airports, including Thiruvananthapuram, in an auction conducted by the Airports Authority of India (AAI).
The state last year challenged the award in the high court, which rejected its petition. The state appealed the verdict in the Supreme Court, which asked the HC to hear the case afresh.
