Adanis ink concession deal for three airports including Mangaluru


New Delhi, Feb 14 (IANS): Gujarat-based Adani Enterprise on Friday signed a concession agreement with the Airports Authority of India (AAI) for managing three of its airports for 50 years.

The diversified business conglomerate signed the agreement for the Ahmedabad, Mangaluru and Lucknow airports through three airport-specific subsidiaries.

Adani Enterprises was the highest bidder for all the six airports offered by the Centre via the public-private partnership (PPP) mode.

While the Union cabinet had earlier approved leasing out of the three airports -- Ahmedabad, Lucknow and Mangaluru -- to the Adanis, the leasing out of the other three airports - Jaipur, Guwahati and Thiruvananthapuram - are currently on hold owing to some pending issues. In case of all the airports, the lease period is 50 years.

Official sources said that the remaining three airports would also be handed over to the Adanis who are foraying into the airport business.

 

  

Comment on this article

  • ZAMEER, mlore

    Sat, Feb 15 2020

    ITS VERY SIMPLE...MANY PEOPLE HAVE MONEY BUT THEY DONT HAVE IDIA FOR BUSINESS.HERE GOVT OFFERED READY BUSINESS FOR HIS BUDDY .....very rare will get this kind of chance....ENJOY

    DisAgree Agree Reply Report Abuse

  • Edward, mangalore

    Sat, Feb 15 2020

    People who DONT understand the word "lease", " sell" etc should not comment here.

    DisAgree [1] Agree [2] Reply Report Abuse

  • Ram, Usa

    Sat, Feb 15 2020

    People are confused here...
    It's only operation.
    Nothing is sold.. I am surprised to see here comments like leased sold etc etc.. Govt don't want to run business.. So they are asking private player to run busiess and getting fixed yield.. Most of the country does this.. Example zuric airport, Heathrow etc etc..

    DisAgree [4] Agree [7] Reply Report Abuse

  • Harish Hegde, Mangalore/Saudi Arabia (aramco)

    Sat, Feb 15 2020

    Ram, USA... for your information this in not Switzerland or United Kingdom etc etc... People are talking about India in their comments because they know lease mean's what I hope you know about BSNL, Bharat Petroleum, Air India etc etc. For your information in this present years India is almost sold out so you please do not comment in favor of present India, you just enjoy your stay in USA thank the actual USA people for letting you enjoy as I do in Saudi Arabia.

    DisAgree Agree [2] Reply Report Abuse

  • abdulla, india

    Sat, Feb 15 2020

    Develop Mangalore International airport the same like Changi international city as in Singapore.

    clean..neat...efficient.
    passengers should walk in and out like WAVES in the Sea.
    no Criss cross.. no obstacles.
    clean Washrooms like Dubai...
    Great Hard/Soft Landscape.
    build Hangars for maintenance.
    .Taxiing..
    Shuttles.metros connecting to the cities.
    build a chiller store. to store Perishable goods like Flowers, meat. fish etc.
    start
    Shopping malls.
    AIRPORT CITY.
    Start Connectivity to the Maldives.. SL.. Singapore...Thailand: Indonesia.
    other than pan India.
    Let there be Food courts
    and 5-star hotel in the vicinity

    DisAgree Agree [9] Reply Report Abuse

  • Ss, Bombay

    Fri, Feb 14 2020

    God knows what will be now flying out of Mangalore......maybe some precious resources

    DisAgree [6] Agree [11] Reply Report Abuse

  • praveen, mlore

    Fri, Feb 14 2020

    after completion of 100% work govt giving it to private under PPI mode...wht a nonsense..if they built it then ok....now just sit and eat money in crores just mainting airport...

    DisAgree [3] Agree [19] Reply Report Abuse

  • Clifford, Mangalore

    Fri, Feb 14 2020

    I don't know if people have noticed, all the major government institutions are going to or leased to Gujrath based business men. Some of them have stassed money elsewhere and are declaring bankrupt. Some have escaped abroad. Is there any reason why central government is giving all these institutions to people from Gujrath?

    DisAgree [4] Agree [28] Reply Report Abuse

  • Irfan, Udupi

    Fri, Feb 14 2020

    In Democracy people choose parties to Govern the nation and provide good services. Seems like here present government is more likely interested to sale government / public properties to one by one .

    Airports charges different types of services charges in form of Taxes such as

    Passenger Service Fee
    User Development Fee
    Additional Development fee
    Parking Fee

    How comes Airports are run under loss? From Food to All the services are charged 10 times more than normal price.?

    Strange thing is labor union or any other unions are not protesting the way they used to protest earlier.

    DisAgree [2] Agree [14] Reply Report Abuse

  • GD, Udupi

    Fri, Feb 14 2020

    The country might be given on lease someday at concession.

    DisAgree [3] Agree [20] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Fri, Feb 14 2020

    50 Years lease is Ridiculous ...

    DisAgree [1] Agree [18] Reply Report Abuse

  • Bm, Mlr

    Fri, Feb 14 2020

    Ha ha ha...
    Now nobody speaks on Deshbhakti

    DisAgree [1] Agree [13] Reply Report Abuse

  • Felix Pinto, Koteshwara

    Fri, Feb 14 2020

    Time for realization and enlightenment. Get ready to shell out your hard earned money every time you use the facility. Not to worry. Similar to till payments on highway, you may get digital tag to be stuck on forehead and the due amount will be deducted every time you move through the gate.

    DisAgree [2] Agree [24] Reply Report Abuse

  • Azeez, Puttur / Dxb

    Fri, Feb 14 2020

    Under BJP Ruling Govt Institutions put on sale and BJP Ruling state institutions on super sale.

    DisAgree [9] Agree [45] Reply Report Abuse


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