{"id":405322,"date":"2021-03-17T10:49:29","date_gmt":"2021-03-17T05:19:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=405322"},"modified":"2021-03-17T12:08:56","modified_gmt":"2021-03-17T06:38:56","slug":"govt-to-bundle-loss-making-profitable-airports-for-sale","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-to-bundle-loss-making-profitable-airports-for-sale\/","title":{"rendered":"Govt to bundle loss-making, profitable airports for sale"},"content":{"rendered":"<p>Companies looking to participate in the next airport privatisation round will have to bid for loss-making facilities along with profit-making ones. The government has decided to bundle seven that make losses with six profit-making airports, said people with knowledge of the matter.<\/p>\n<p>\u201cRequired approvals are in place and the bidding for these projects is likely to begin during the next fiscal,\u201d said a government official. \u201cA loss-making airport would not otherwise have found takers but when it is combined with a profit-making airport in its vicinity there are chances of these airports being bid out too.\u201d<\/p>\n<p>According to the approved list, the profit-making airports are Trichy, Bhubaneswar, Indore, Raipur and Amritsar. These will be paired with Salem, Jharusuguda, Jabalpur, Jalgaon and Kangda, respectively. So a bid for Trichy includes Salem, and so on. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Companies looking to participate in the next airport privatisation round will have to bid for loss-making facilities along with profit-making ones. The government has decided to bundle seven that make losses with six profit-making airports, said people with knowledge of the matter. \u201cRequired approvals are in place and the bidding for these projects is likely to begin during the next fiscal,\u201d said a government official. \u201cA loss-making airport would not otherwise have found takers but when it is combined with a profit-making airport in its vicinity there are chances of these airports being bid out too.\u201d According to the approved [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-405322","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=405322"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405322\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=405322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=405322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=405322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}