Adani Group takes up operations of Guwahati Airport

12 Oct 2021 CW Team

Adani Group has received operational, management, and development responsibilities of the Lokpriya Gopinath Bordoloi International Airport in Guwahati.

At a midnight event, Ramesh Kumar, Airport Director of the Airports Authority of India (AAI), handed over the symbolic key of the airport to Utpal Baruah, Chief Airport Officer of the new airport operator, kicking off the process of developing and modernising the Northeast's foremost airport.

In 2018, the Indian government included the Guwahati airport in a group of six airports slated for privatisation for Operations, Management, and Development (OMD) for 50 years: Ahmedabad, Lucknow, Mangalore, Jaipur, and Thiruvananthapuram.

All six airports were awarded to Adani Enterprise Limited, which was the winning bidder.

The AAI and Adani Enterprise Limited signed a concession agreement on January 19 this year in New Delhi.

The new airport operator, Adani Guwahati International Airport Limited (AGIAL), will take over the operations, management, and development responsibilities of Guwahati's Lokpriya Gopinath Bordoloi International Airport starting Friday, according to a statement.

The charge handover moment was witnessed by several airport staff and officers with their families, amidst the sonorous traditional tune of taal-khol and Bihu, in the presence of the Adani Group's representatives.

The AAI's employees will provide support to the new airport operator for the first three years. Kumar expressed his congratulations to the new operator and pledged his support during the initial stages.

According to the statement, Baruah appealed to everyone at the airport, as well as the general public, for unwavering support in making the airport a world-class facility that will bring pride to the country.

Image Source

Also read: AAI approves privatisation of 13 more airports

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..