AAI approves privatisation of 13 more airports
AVIATION & AIRPORTS

AAI approves privatisation of 13 more airports

The Airports Authority of India (AAI) has approved the privatisation of 13 more airports by 2022, including six major airports and seven smaller airports that will be merged with the larger ones, just days after the government announced its ambitious asset monetisation plan.

Amritsar, Bhubaneshwar, Indore, Raipur, Trichy, and Varanasi are among the six major airports in the country.

Hubli, Tirupati, Aurangabad, Jabalpur, Kangra, Kushinagar, and Gaya are among the smaller ones that will be combined with the larger ones.

By March 2024, the government anticipates a private investment of around Rs 3,700 crore in the airport.

Varanasi will be clubbed with Kushinagar and Gaya, Amritsar with Kangra, Bhubaneswar with Tirupati, Raipur with Aurangabad, Indore with Jabalpur, and Trichy with Hubli, according to the media.

AAI will now begin the process of preparing bid documents in order to repeat the process next year.

The Buddhist circuit of Varanasi-Kushinagar-Gaya is likely to pique bidders' interest due to the tourism potential of these cities, aside from Varanasi being a major destination in and of itself.

Smaller airports have been grouped with larger ones for the first time while opting for the PPP model, in which a private player develops and expands airports on a revenue-share basis while the government retains ownership.

Hyderabad, Bengaluru, Delhi, Mumbai, Kochi, Ahmedabad, Lucknow, and Mangaluru are among the airports that have been developed and run under the PPP model so far.

The Adani Group intends to take over Jaipur, Guwahati, and Thiruvananthapuram airports, as well as build Navi Mumbai Airport.

These airports were all privatised separately.

The Mumbai Airport promoter is granted the right to construct Navi Mumbai Airport.

Image Source


Also read: Lok Sabha passes AERA bill on airport privatisation

Also read: Deloitte appointed as consultant for Nagpur airport privatisation

The Airports Authority of India (AAI) has approved the privatisation of 13 more airports by 2022, including six major airports and seven smaller airports that will be merged with the larger ones, just days after the government announced its ambitious asset monetisation plan. Amritsar, Bhubaneshwar, Indore, Raipur, Trichy, and Varanasi are among the six major airports in the country. Hubli, Tirupati, Aurangabad, Jabalpur, Kangra, Kushinagar, and Gaya are among the smaller ones that will be combined with the larger ones. By March 2024, the government anticipates a private investment of around Rs 3,700 crore in the airport. Varanasi will be clubbed with Kushinagar and Gaya, Amritsar with Kangra, Bhubaneswar with Tirupati, Raipur with Aurangabad, Indore with Jabalpur, and Trichy with Hubli, according to the media. AAI will now begin the process of preparing bid documents in order to repeat the process next year. The Buddhist circuit of Varanasi-Kushinagar-Gaya is likely to pique bidders' interest due to the tourism potential of these cities, aside from Varanasi being a major destination in and of itself. Smaller airports have been grouped with larger ones for the first time while opting for the PPP model, in which a private player develops and expands airports on a revenue-share basis while the government retains ownership. Hyderabad, Bengaluru, Delhi, Mumbai, Kochi, Ahmedabad, Lucknow, and Mangaluru are among the airports that have been developed and run under the PPP model so far. The Adani Group intends to take over Jaipur, Guwahati, and Thiruvananthapuram airports, as well as build Navi Mumbai Airport. These airports were all privatised separately. The Mumbai Airport promoter is granted the right to construct Navi Mumbai Airport. Image Source Also read: Lok Sabha passes AERA bill on airport privatisation Also read: Deloitte appointed as consultant for Nagpur airport privatisation

Next Story
Building Material

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Next Story
Building Material

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Next Story
Building Material

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App