Govt eyes next phase of airport privatisation in 2025-26 budget

11 Nov 2024 CW Team

The central government is set to initiate the next phase of airport privatisation under the public-private partnership (PPP) model, anticipated to kick off following the 2025-26 Budget, according to government sources. The Ministry of Civil Aviation is finalising a proposal, which will soon be submitted to the Ministry of Finance before heading for Cabinet approval. Pre-bidding consultations are expected after the Budget, with the process potentially beginning by the end of 2024-25.

The government aims to accelerate this phase of privatisation, aiming for an official Budget announcement by the Finance Minister. Under the National Monetisation Pipeline (NMP), 25 airports under the Airports Authority of India (AAI) have been marked for leasing between 2022-2025. These include airports in cities such as Bhubaneswar, Varanasi, Amritsar, and Coimbatore, among others, intended to benefit from private-sector efficiency and investment.

The first wave of the new privatisation phase will focus on 13 airports, with seven major airports—Vijayawada, Bhubaneswar, Tiruchirappalli, Indore, Raipur, Amritsar, and Varanasi—set to be paired with smaller facilities like Kushinagar, Gaya, and Hubballi. This structure seeks to enhance management and development through private partnerships, aligning with statements from Union Minister of State for Civil Aviation, Murlidhar Mohol, who emphasised the improvements for both states and passengers.

This renewed focus follows a year-long slowdown due to state and general elections, yet major players remain keen. Adani Airport Holdings (AAHL), which operates key airports in Mumbai, Trivandrum, and Ahmedabad, is eager to expand its portfolio, while GMR Airports Infrastructure seeks both domestic and international opportunities, with interest in regions such as the Middle East and Southeast Asia. (Moneycontrol)

Resources

23 Oct 2026

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..