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Adani Group emerges highest bidder for Guwahati airport: AAI official

The government had last year put up six AAI-run airports for privatisation under the public private partnership mode

Adani Group  |  Adani  |  Guwahati

Press Trust of India  |  New Delhi 

Bangalore airport
Representative Image

Group has emerged as the highest bidder to operate airport, a senior AAI official said Tuesday.

This comes a day after the group emerged as the highest bidder for five other state-owned airports.

"Group has put in the highest bid of Rs 160 as per passenger fee for airport. This means that Group has won all six airports that were put up for privatisation," the official at Airports Authority of (AAI) said.

The bids for five other airports - Ahmedabad, Thiruvananthapuram, Lucknow, Mangaluru and - were opened on Monday in which Adani Group emerged as the highest bidder.

The diversified Adani Group, which has interests in ports, shipping, power and other key infrastructure with USD 11 billion annual revenue, would be entering airport sector bagging a 50-year contract to run the six airports.

The government had last year put up these six AAI-run airports for privatisation under the public private partnership mode.

AAI selected the winner on the basis of "per-passenger fee" offered. These six airports will be handed over to Adani Group after completion of formalities, the authority said.

"We are delighted to win the bids (Ahmedabad, Jaipur, Lucknow, Thiruvananthapuram and Mangaluru airports) invited by AAI in December for managing these airports under the PPP model," the Adani Group said in a statement Monday.

AAI said the group offered per passenger fee of Rs 177, Rs 174, Rs 171, Rs 168 and Rs 115 for Ahmedabad, Jaipur, Lucknow, Thiruvananthapuram and Mangaluru airports, respectively.

A total of 32 technical bids were received from 10 companies to operate the six airports.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Tue, February 26 2019. 15:55 IST