Tag: Airports

India to monetise 25 airports over 4 years, to fetch Rs 20,782 crore

NEW DELHI: The government of India is looking to monetise 25 AAI-managed airports, including Varanasi, Chennai, Nagpur and Bhubaneshwar, over the next four years, which could bring in investments worth Rs 20,782 crore. Further, divestment of Airports Authority of India’s (AAI) residual stake in four airport JVs has also been considered under the national monetisation […]

India plans to develop 100 airports, waterdromes, heliports by 2024

NEW DELHI: Airports Authority of India (AAI) plans to develop at least 100 airports, waterdromes, and heliports by 2024 under the regional air connectivity scheme, said an official release. The fourth anniversary of the scheme — known as UDAN (Ude Desh ka Aam Nagrik) — was commemorated on Wednesday.The scheme aims to provide affordable, economically […]

India approves leasing out 6 airports through PPP

NEW DELHI: The chaired by the Prime Minister of India Narendra Modi has approved the leasing out of six airports — Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru — for operation, management and development under the Public Private Partnership (PPP). “In-principle” approval for leasing out six airports of AAI viz. Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram […]

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