THE Indian government plans to privatise 13 airports run by the state-owned Airports Authority of india (I) by the end of this fiscal year, reports the Times of India.
'We have sent a list of 13 airports to the aviation ministry that are to be bid out on PPP (public-private partnership). The plan is to complete the bidding of these airports by the end of this fiscal,' said I chairman Sanjeev Kumar.
'The model to be followed for bidding would be the per-passenger revenue model. This model has been used earlier and is successful and the Jewar airport (in Greater Noida) was also bid out on the same model,' said Mr Kumar.
Mr Kumar declared there will be takers for these projects despite the Covid crisis since the impact of the crisis is short-term and the airports are on offer for 50 years.
I has clubbed seven small airports with six big ones: Varanasi with Kushinagar and Gaya; Amritsar with Kangra; Bhubaneswar with Tirupati; Raipur with Aurangabad; Indore with Jabalpur; and Trichy with Hubli.
As part of the National Monetisation Plan (NMP), the government plans to award 25 airports in the next four years, including the above 13.
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'We have sent a list of 13 airports to the aviation ministry that are to be bid out on PPP (public-private partnership). The plan is to complete the bidding of these airports by the end of this fiscal,' said I chairman Sanjeev Kumar.
'The model to be followed for bidding would be the per-passenger revenue model. This model has been used earlier and is successful and the Jewar airport (in Greater Noida) was also bid out on the same model,' said Mr Kumar.
Mr Kumar declared there will be takers for these projects despite the Covid crisis since the impact of the crisis is short-term and the airports are on offer for 50 years.
I has clubbed seven small airports with six big ones: Varanasi with Kushinagar and Gaya; Amritsar with Kangra; Bhubaneswar with Tirupati; Raipur with Aurangabad; Indore with Jabalpur; and Trichy with Hubli.
As part of the National Monetisation Plan (NMP), the government plans to award 25 airports in the next four years, including the above 13.
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