Adani Group to run operations of Jaipur International Airport
AVIATION & AIRPORTS

Adani Group to run operations of Jaipur International Airport

The Adani Group has taken over operations of the Jaipur International Airport from the Airports Authority of India (AAI).

The airport has been leased to the group by the government of India for 50 years. For the past two months, authorities from the Adani group have been viewing works at the airport.

The Ahmedabad-based conglomerate had delayed acquiring Jaipur Airport and asked for a six-month extension till December 2021, indicating force majeure due to the covid-19 pandemic.

But, the government has granted it three months to acquire the management.

Jaipur airport is the 11th busiest airport in India in daily scheduled flight services. Situated in the southern suburb of Sanganer, the airport was awarded the status of an international airport on 29 December 2005. The civil apron can hold 14 aircraft and the new terminal building can manage around 1,000 passengers at a time.

Airport director J S Balhara gave a symbolic key of the airport to Chief Airport Officer Adani Jaipur International Limited Vishnu Jha in the presence of other authorities.

The firm acquired the airport at midnight on Monday.

Balhara told the media that the firm will work on the operations, management and development of the Jaipur airport via PPP mode.

Recently, Adani Enterprises arm Adani Airport Holdings (AAHL) acquired management control of a series of airports in India involving the Mumbai International Airport Limited (MIAL).

Gautam Adani had told the media that their airport expansion plan is aimed to help unite their nation’s Tier 1 cities with the Tier 2 and Tier 3 cities in a hub and spoke model. It is crucial to allowing a greater equalisation of India’s urban–rural divide, and making international travel seamless and smooth.

AAHL became the largest airport operator in the world after it procured a controlling stake in MIAL earlier this year. Adani Group has also attained competitive proposals to operate the airports in Guwahati, Mangalore, Ahmedabad, Lucknow and Thiruvananthapuram.

Image Source


Also read: Adani Group takes up operations of Guwahati Airport

The Adani Group has taken over operations of the Jaipur International Airport from the Airports Authority of India (AAI). The airport has been leased to the group by the government of India for 50 years. For the past two months, authorities from the Adani group have been viewing works at the airport. The Ahmedabad-based conglomerate had delayed acquiring Jaipur Airport and asked for a six-month extension till December 2021, indicating force majeure due to the covid-19 pandemic. But, the government has granted it three months to acquire the management. Jaipur airport is the 11th busiest airport in India in daily scheduled flight services. Situated in the southern suburb of Sanganer, the airport was awarded the status of an international airport on 29 December 2005. The civil apron can hold 14 aircraft and the new terminal building can manage around 1,000 passengers at a time. Airport director J S Balhara gave a symbolic key of the airport to Chief Airport Officer Adani Jaipur International Limited Vishnu Jha in the presence of other authorities. The firm acquired the airport at midnight on Monday. Balhara told the media that the firm will work on the operations, management and development of the Jaipur airport via PPP mode. Recently, Adani Enterprises arm Adani Airport Holdings (AAHL) acquired management control of a series of airports in India involving the Mumbai International Airport Limited (MIAL). Gautam Adani had told the media that their airport expansion plan is aimed to help unite their nation’s Tier 1 cities with the Tier 2 and Tier 3 cities in a hub and spoke model. It is crucial to allowing a greater equalisation of India’s urban–rural divide, and making international travel seamless and smooth. AAHL became the largest airport operator in the world after it procured a controlling stake in MIAL earlier this year. Adani Group has also attained competitive proposals to operate the airports in Guwahati, Mangalore, Ahmedabad, Lucknow and Thiruvananthapuram. Image SourceAlso read: Adani Group takes up operations of Guwahati Airport

Next Story
Infrastructure Energy

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Next Story
Infrastructure Urban

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Next Story
Infrastructure Energy

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?