Adani to take over Thiruvananthapuram airport ops by October 14

02 Aug 2021 CW Team

According to the sources, the Centre has allowed the extension for three months, which will expire on October 18.

The company is preparing to take over the airport by October 14. The deputy officials of the company have also made arrangements for the same. The airport valuation assets have also been confirmed, which was listed for Rs 800 crore in the tender, and not valued at Rs 273 crore.

The government has yet not confirmed that the private company that won the bid would get the airport. It had previously announced that it would not allow private companies to run the airport in Thiruvananthapuram. It also announced that it would not sign the support agreement with the private company, which is necessary to ensure the basic utilities needed for running the airport.

In a meeting with the Airports Authority Employees Union and the Chief Minister, Pinarayi Vijayan, the chief minister confirmed that the state government would not cooperate with the private company. But, if the company comes with the court order, the state will have to support it.

The Airports Authority Employees Union secretary, S Ajith Kumar, said that it would not be easy for the company to take over the airport. A majority of the airports taken by the company, AAI is still paying the salary to the employees after the company refused to pay the citing losses because of absent flight operations. According to the bid document, the company has not even paid the passenger fee to AAI.

Image Source

Also read: Adani Airports appoints Rajeev Jain as CEO of airport biz

Also read: Adani Group takes control of Mumbai airport management

Adani Thiruvananthapuram International Airport Ltd may take control of the airport by October 14. It won the bid for running the airport for 50 years, and has reported seeking an extension of three months to take over after signing the agreement with the Airport Authority of India (AAI), which expired on July 18. According to the sources, the Centre has allowed the extension for three months, which will expire on October 18. The company is preparing to take over the airport by October 14. The deputy officials of the company have also made arrangements for the same. The airport valuation assets have also been confirmed, which was listed for Rs 800 crore in the tender, and not valued at Rs 273 crore. The government has yet not confirmed that the private company that won the bid would get the airport. It had previously announced that it would not allow private companies to run the airport in Thiruvananthapuram. It also announced that it would not sign the support agreement with the private company, which is necessary to ensure the basic utilities needed for running the airport. In a meeting with the Airports Authority Employees Union and the Chief Minister, Pinarayi Vijayan, the chief minister confirmed that the state government would not cooperate with the private company. But, if the company comes with the court order, the state will have to support it. The Airports Authority Employees Union secretary, S Ajith Kumar, said that it would not be easy for the company to take over the airport. A majority of the airports taken by the company, AAI is still paying the salary to the employees after the company refused to pay the citing losses because of absent flight operations. According to the bid document, the company has not even paid the passenger fee to AAI. Image Source Also read: Adani Airports appoints Rajeev Jain as CEO of airport biz Also read: Adani Group takes control of Mumbai airport management

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Infrastructure Transport

07 Oct 2025

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Infrastructure Transport

07 Oct 2025

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..