Bids For Privatisation Of 11 Airports By April

16 Feb 2026 CW Team

The airports will be leased on long-term concession through the public-private partnership model for operation, management and development. The public private partnership appraisal committee is expected to clear the proposal within the next two months, after which requests for proposals will be issued. The government aims to raise Rs 60 billion (Rs 60 bn) in 2026-27 from the leases to fund further airport expansion and new assets by AAI.

Named potential bidders include the Adani Group, GMR Airports, Vinci Airports and investment firm NIIF, while several global private equity funds have shown interest. Airports will be awarded to bidders offering the highest revenue share per passenger to AAI, a mechanism intended to improve transparency. The appraisal committee will review key structural choices such as revenue sharing versus per passenger fees, user development fee frameworks and operator caps.

The bundling approach is intended to enable cross-subsidisation, pairing profitable hubs with smaller non-metro airports to ensure sustained investment. Airport monetisation began in 2003 with PPPs for Delhi and Mumbai and subsequent rounds included leases for Ahmedabad, Lucknow and other regional airports. Separately, the government will sell up to five per cent stake in Bharat Heavy Electricals (BHEL) via an offer for sale to raise Rs 44.22 billion (Rs 44.22 bn), offering three per cent with an additional two per cent as a greenshoe and setting a floor price of Rs 254, a discount of nearly eight per cent to the Bombay Stock Exchange (BSE) close, bringing disinvestment receipts so far to Rs 87.68 billion (Rs 87.68 bn).

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

AAI is set to begin the third round of airport monetisation, inviting bids for 11 airports by April under a new bundling strategy. The government has formed five bundles pairing larger and smaller airports, including Amritsar with Kangra and Varanasi with Kushinagar and Gaya. Officials in the Ministry of Civil Aviation said that five airport operators have expressed preliminary interest. The airports will be leased on long-term concession through the public-private partnership model for operation, management and development. The public private partnership appraisal committee is expected to clear the proposal within the next two months, after which requests for proposals will be issued. The government aims to raise Rs 60 billion (Rs 60 bn) in 2026-27 from the leases to fund further airport expansion and new assets by AAI. Named potential bidders include the Adani Group, GMR Airports, Vinci Airports and investment firm NIIF, while several global private equity funds have shown interest. Airports will be awarded to bidders offering the highest revenue share per passenger to AAI, a mechanism intended to improve transparency. The appraisal committee will review key structural choices such as revenue sharing versus per passenger fees, user development fee frameworks and operator caps. The bundling approach is intended to enable cross-subsidisation, pairing profitable hubs with smaller non-metro airports to ensure sustained investment. Airport monetisation began in 2003 with PPPs for Delhi and Mumbai and subsequent rounds included leases for Ahmedabad, Lucknow and other regional airports. Separately, the government will sell up to five per cent stake in Bharat Heavy Electricals (BHEL) via an offer for sale to raise Rs 44.22 billion (Rs 44.22 bn), offering three per cent with an additional two per cent as a greenshoe and setting a floor price of Rs 254, a discount of nearly eight per cent to the Bombay Stock Exchange (BSE) close, bringing disinvestment receipts so far to Rs 87.68 billion (Rs 87.68 bn).

Infrastructure Urban

26 Jun 2026

PRS International marks 18 years of global advisory work

PRS International Group of Companies recently said it has strengthened its position as a sovereign-grade multinational advisory organisation, marking nearly 18 years of operations across strategic communications, institutional advisory and international cooperation. The Group, with headquarters in Washington, D.C. and New Delhi, said its work spans more than 190 countries and supports governments, multilateral institutions, investors, corporations and private clients. The organisation said its services cover government advisory, crisis management, trade and investment facilitation, nation bra..

Infrastructure Urban

26 Jun 2026

dormakaba showcases access solutions at iDAC Chandigarh

dormakaba recently participated in iDAC Chandigarh 2026 at JW Marriott, engaging with architects, interior designers, developers, hospitality professionals and industry experts. The access solutions brand showcased a range of security and architectural products, including Mechanical Key Systems, Digital Cylinder, C Lever, Lever Handle, AIDO’s SLYNK Profiled Door System and Hotel Lock. The company said AIDO’s solutions added a design-led architectural and hospitality dimension to its presence at the event. The SLYNK Profiled Door System drew attention for supporting modern interiors where ..

Infrastructure Energy

26 Jun 2026

Tata Power Secures Karnataka Transmission Project

Tata Power has won a power transmission project in Karnataka after emerging as the successful bidder in a tariff-based competitive bidding process run by PFC Consulting, a wholly owned subsidiary of Power Finance Corporation. The company received a Letter of Intent from PFC Consulting for a renewable energy evacuation scheme to be delivered under a Build, Own, Operate and Transfer model. The award follows a competitive selection and positions the firm to expand its transmission activities in the state. As part of the contract, Tata Power will acquire the special purpose vehicle (SPV) created f..