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Airports

Adani Enterprises set to win Indian concession

27 February 2019

Ahmedabad-based Adani Enterprises Ltd has emerged as the highest bidder in the competition to operate, maintain, and develop six Indian airports in a 50-year concession package from the Airports Authority of India (AAI).

The airports are: Ahmedabad, Jaipur, Lucknow, Guwahati, Trivandrum, and Mangalore. The concession is subject to final approval from the Indian government.

The AAI reported on 25–26 February that Adani had lodged a bid of INR160 (USD2.25) per passenger for Guwahati, and the other five had bid INR170 per passenger.

Adani was selected ahead of a large field of bidders, comprising GMR Group, AMP Capital Investors (UK), Cochin International Airport Ltd, Zurich Airport International, the state-backed National Investment and Infrastructure Fund, Autostrade, Kerala State Industrial Corporation, Sanna Enterprises, I Investments, and PNC Infrastructure.

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