Recently, the Adani Group acquired Guwahati airport along with five other government owned airports (Ahmedabad, Thiruvananthapuram, Lucknow, Mangaluru and Jaipur). The bidding was opened on Monday and the Adani Group emerged as the highest bidder.

These biddings over the ownership of operations for the airports took place under the Public Private Partnership program for the privatization of these AAI owned airports. There are total 449 airports in India out of which Airport Authority of India (AAI) owned 126 airports. The privatization of the airports has brought a big shift in the working of these airports. Adani groups which are particularly new in this field are being speculated to be naïve at this deal because of their inexperience towards the same. The win at Thiruvanthampuram airport can be seen going off the track as they got into a discreet quarrel with the Tamil Nadu government, which was interestingly one of the bidders. The state government has approached the high court questioning how a single enterprise could win all the biddings.

Here are some details about the airports:

CITYAIRPORTDOMESTIC/
INTERNATIONAL
AVERAGE
ANNUAL
PASSENGER
GuwahatiLokpriya Gopinath Bordoloi
International
Airport
International4.3 million
JaipurJaipur
International
Airport
International3.7 million
AhmedabadSardar Vallabhbhai Patel International AirportInternational7.4 million
LucknowChaudhary Charan Singh
International
Airport
International3.9 million
MangloreManglore
International
Airport
International1.7 million

Thiruvananthapuram
Trivandrum
International
Airport
International3.8 million

Adani Group has put up the highest bid of Rs 160 per passenger fee for Guwahati airport. This means that Adani Group has won all six airports that were put up for privatization,” reports AAI officials.  The Adani group which is now expanding their interest to this domain of infrastructure on successfully placing the highest bid acquired a 50 year contract to run all 6 international airports.

Sources: Economic Times, DNAIndia

Image Credits: The Branding Source, Twitter, News on Screen

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