Cabinet may decide on second phase of airport privatisation

Transport Update

Cabinet may decide on second phase of airport privatisation

Cabinet may decide on second phase of airport privatisation

01 Aug 2020
The Union cabinet is likely to take a decision on the second phase of airport privatisation, Airports Authority of India Chairman Arvind Singh has said, as reported. The privatisation board of AAI has recommended for leasing out six more brownfield airports – those at Amritsar, Indore, Ranchi, Trichy, Bhubaneswar, Raipur. After cabinet approval, the process of bidding will reportedly start. 

The government had commenced privatisation process of state-run airports in November 2018. The first phase included six airports, out of which only three have been awarded so far to the Adani Group. The remaining three airports will also be awarded to the same group, which emerged as the highest bidder for all 
six airports.
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