Adani to take over Thiruvananthapuram airport ops by October 14
AVIATION & AIRPORTS

Adani to take over Thiruvananthapuram airport ops by October 14

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

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

Next Story
Real Estate

K Raheja Corp launches luxury tower at Raheja Galaxy, South Pune

K Raheja Corp Homes has unveiled a new luxury tower at Raheja Galaxy in South Pune, catering to the growing demand for premium living spaces in the area. Located off NIBM, the project offers seamless connectivity, excellent infrastructure, and a reputation for timely delivery and superior construction quality.The new tower features spacious 2-bed, 3-bed, and 3BHK L residences, priced from Rs 1.29 crore. The homes are designed with modern amenities and a neo-classical architectural style, offering a balance of functionality and luxury. Prices will increase after April 30th, making the early-bir..

Next Story
Infrastructure Urban

PM to Visit Bihar on April 24 for Panchayati Raj Day Celebrations

Prime Minister Shri Narendra Modi is scheduled to visit Bihar on 24th April 2025. During his visit to Madhubani, he will participate in the National Panchayati Raj Day celebrations at around 11:45 AM. On this occasion, he will inaugurate, dedicate, and lay the foundation stone for several development projects worth over Rs 134 bn, and will address the public gathering. As part of the programme, the Prime Minister will present the National Panchayat Awards, honouring the best-performing Panchayats from across the country. In the railways sector, Prime Minister Modi will flag off the Amrit Bha..

Next Story
Infrastructure Urban

Rs 140 Bn Infra Projects in North India Reviewed by DPIIT Secretary

Shri Amardeep Bhatia, Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), chaired a high-level Project Monitoring Group (PMG) review meeting to assess progress on major infrastructure projects in Uttar Pradesh, Haryana, Punjab, and Uttarakhand. The meeting was attended by senior officials from central ministries, state governments, and private sector project proponents. A total of 17 key infrastructure projects, collectively worth over Rs 140 billion, were reviewed during the session, which addressed 19 critical issues affecting project execution. The discussions..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?