+
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 Transport

Cabinet Clears Rs 15.07 Bn Greenfield Airport Project in Kota-Bundi

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the Airports Authority of India’s (AAI) proposal for the development of a Greenfield Airport at Kota-Bundi, Rajasthan, at an estimated cost of Rs 15.07 billion.Kota, located on the banks of the Chambal River, is widely recognised as the industrial capital of Rajasthan and a prominent educational coaching hub. To support the region’s growing needs, the Government of Rajasthan has handed over 440.06 hectares of land to AAI for the project.The new Greenfield Airport will be designed to handle oper..

Next Story
Infrastructure Urban

Govt may extend MSME NPA classification period to 180 days

The Union government is considering a proposal to extend the non-performing asset (NPA) classification period for loans to micro, small and medium enterprises (MSMEs) from the existing 90 days to 180 days, according to a senior government official who requested anonymity.“The proposal to extend the loan default period for MSMEs from 90 days to 180 days is likely to be taken up by the Cabinet soon,” the official said.The move is expected to provide relief to cash-strapped MSMEs, especially against the backdrop of steep US tariffs, giving them more time to regularise their loan repayments.Ne..

Next Story
Infrastructure Urban

FedEx, IIT Madras Launch SMART Centre for Sustainable, AI-led Logistics

FedEx has partnered with the Indian Institute of Technology (IIT) Madras to inaugurate the SMART Centre (Supply Chain Modelling, Algorithms, Research and Technology Centre) on the institute’s campus. The facility will drive innovation in sustainable and AI-driven logistics solutions. Backed by a five-year $5 million grant from FedEx, the SMART Centre aims to combine advanced research, digital technologies, and industry expertise to transform supply chains with a focus on agility, resilience, and environmental responsibility.The centre will also spearhead interdisciplinary projects in ar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?