Ahmedabad, Lucknow and Mangaluru airports leased out to Enterprises Ltd.: Hardeep Singh Puri

Image
ANI General News
Last Updated : Dec 05 2019 | 7:10 PM IST

Union Civil Aviation Minister Hardeep Singh Puri on Thursday informed Lok Sabha that Ahmedabad, Lucknow and Mangaluru airports have been leased out to Adani Enterprises Ltd. while the leasing out of Jaipur, Guwahati and Thiruvananthapuram airports are held up due to some issues.

Puri stated it in a written reply in the Lower House. The Union Cabinet in its meeting held on November 8 had accorded in-principle approval for leasing out 6 Airports of AAI - Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru.

The written reply stated that airports are leased out for their "operation, management and development through Public-Private Partnership model to improve efficiency in service delivery and to bring in expertise, enterprise and professionalism at these airports, apart from bringing needed investments".

"AAI floated a Global Tender for inviting bids and identified the highest bidder. Based on it, AAI has issued Letter of Award for leasing of Ahmedabad, Lucknow and Mangaluru airports to M/s Adani Enterprises Ltd. Leasing out of other 3 airports are held up due to some issues," said the reply.

The winter session of Parliament started on November 18 and will continue till December 13.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 05 2019 | 6:53 PM IST

Next Story