Airports Authority of India attracts interested bidders for airport privatization plan

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

The Airports Authority of India (AAI) has attracted several interested companies to its plans to privatize six airports. The authority launched tenders last month for operation and maintenance concessions for the Lucknow Airport in Uttar Pradesh, Jaipur Airport in Rajasthan, Mangaluru Airport in Karnataka, Ahmedabad Airport in Gujarat, Guwahati Airport in Assam, and the Trivandrum International Airport in Kerala.

Several international airport operators and companies have expressed interest in bidding for the concessions. These include Singapore’s Changi Airport Group, airport operators from Zurich, German airport operator AviAlliance, US financial investor Global Infrastructure Partners (GIP) and Sydney-based investment manager AMP Capital. Local companies are also interested, including Reliance Infrastructure, the National Investment and Infrastructure Fund, Adani Group, GVK and GMR. 

The redevelopment of the six airports is expected to attract investment of about US$1.4 billion. 

The deadline for the submission of bids is 14 February 2019, and letters of award will be issued on 28 February.

Share this update