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Cabinet approves proposal for leasing out three airports – Jaipur, Guwahati and Thiruvananthapuram

New Delhi:19/8/20:The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the proposal for leasing out three airports namely Jaipur, Guwahati, and Thiruvananthapuram airports of Airports Authority of India (AAI) through Public-Private Partnership (PPP).

The Union Cabinet accorded its approval for leasing of three AAI airports namely, Jaipur, Guwahati and Thiruvananthapuram for Operation, Management and Development to M/s Adani Enterprises Ltd, who is declared as the successful bidder in a Global Competitive Bidding conducted by the Airports Authority of India, for a period of fifty years.

These projects will bring efficiency in service delivery, expertise, enterprise, and professionalism apart from harnessing the needed investments in the public sector.

Background:

Government had leased out the Airports Authority of India’s airports at Delhi and Mumbai on Public-Private Partnership for Operation, Management and Development about a decade ago.

While these PPP experiments have helped create world-class airports and helped in delivery of efficient and quality services to the airport passengers, it has also helped AAI in enhancing its revenues and focusing on developing airports and Air Navigation infrastructure in the rest of the country. Revenue received by AAI from PPP partners enabled AAI to create infrastructure facilities in Tier-2 and Tier-3 cities and also to upgrade their airports to international standards. The PPP airports in India are consistently ranked among the top 5 in their respective categories by the Airports Council International (ACI) in terms of Airport Service Quality (ASQ).

Therefore, Government decided to lease out more airports of AAI for Operation, Management, and Development under PPP through Public Private Partnership Appraisal Committee (PPPAC). Government also constituted an Empowered Group of Secretaries (EGoS) to decide on any issue falling beyond the scope of PPPAC.

PPPAC approved the transaction documents. The entire bidding process was carried out under the supervision and directions of EGoS which comprised of representatives of NITI Aayog, Department of Expenditure, and Department of Economic Affairs (DEA) of Ministry of Finance (MoF).

Airports Authority of India released Request for Proposal on 14.12.2018 through global competitive bidding wherein per passenger fee is the bidding parameter. The technical bids were opened on 16.02.2019 and the financial bids of the qualified bidders were opened on 25.02.2019/ 26.02.2019. M/s Adani Enterprises Ltd. has won all the bids by quoting highest per passenger fee for all the three airports i.e. Jaipur, Guwahati and Thiruvanathapuram.

 

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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