Adani Group signs concession agreement with AAI for T'puram airport

Thiruvananthapuram: The Airports Authority of India (AAI) on Tuesday signed 3 Concession Agreements with Adani Airports Ltd. for Operations, Management & Development of Jaipur, Guwahati & Thiruvananthapuram Airports through PPP mode.

The Adani Group had won bids for six AAI airports and has so far taken over three -- Mangaluru, Lucknow and Ahmedabad.

Now, the decks have been cleared for taking over the other three also.

The Adani Group is soon going to take over Mumbai International Airport Ltd (MIAL), and the upcoming Navi Mumbai Airport, where it is acquiring a controlling stake from outgoing promoter GVK Group.

With seven functional airports and a greenfield one (at Navi Mumbai) under its belt, the Adani Group will be the biggest private airport operator in India in terms of number of airports handled.
 Asianet Online