Updated Jan 19, 2021 | 12:52 IST
Three Adani airports – Ahmedabad, Mangaluru and Lucknow were accredited in the Airports Council International (ACI) Airport Health Accreditation programme Adani Enterprises signs concession pact for 3 airports in Jaipur, Guwahati, Thiruvananthapuram | Photo Credit: BCCL
New Delhi: Adani Enterprises has signed a concession pact for three airports in Jaipur, Guwahati and Thiruvananthapuram. The company informed in a regulatory filing on Tuesday that the concession period for operating the three airports is 50 years from the commercial operation date.
The regulatory filing stated, Adani Jaipur International Airport Limited, Adani Guwahati International Airport Limited and Adani Thiruvananthapuram International Airport Limited, wholly-owned subsidiaries of the Company have signed the Concession Agreement on 19th January 2021 with Airports Authority of India for the Operations, Management and development of Jaipu
Adani signs concession agreement with AAI for three airports
Posted On: 2021-01-18 23:53:55 (Time Zone: Arizona, USA)
Adani Jaipur International Airport Limited, Adani Guwahati International Airport Limited and Adani Thiruvananthapuram International Airport Limited, wholly-owned subsidiaries of the Company have signed the Concession Agreement on 19th January, 2021 with Airports Authority of India for the Operations. Management and development of Jaipur, Guwahati and Thiruvananthapuram Airports respectively.
The concession period is 50 years from the commercial operation date.
Shares of ADANI ENTERPRISES LTD. was last trading in BSE at Rs.507.25 as compared to the previous close of Rs. 527. The total number of shares traded during the day was 228546 in over 4477 trades.
Read more about Employees protest at TVM airport against takeover by Adani Group on Business Standard. Employees of the International airport raised slogans and protested in front of the office of the director
Adani gets Thiruvananthapuram and two other airports
January 19, 2021
Signs agreement with AAI for Thiruvananthapuram, Guwahati and Jaipur airports The Airports Authority of India (AAI) on Tuesday signed three Concession Agreements for Operations, Management and Development of Guwahati, Jaipur and Thiruvananthapuram airports through the public-private-partnership (PPP) mode with the Adani Group.
In a statement, AAI said the concessionaires are required to take up the Guwahati, Jaipur and Thiruvananthapuram airports, fulfilling certain conditions within 180 days from Tuesday, and will operate, manage and develop the airports for the next 50 years, in accordance with the terms and conditions specified in the agreements.
Adani Enterprises Limited (AEL) emerged the highest bidder for six airports including Thiruvanthapuram, Jaipur and Guwahati after an international competitive bidding process through the PPP route that was initiated in December 2018. While Mangaluru, Lucknow and A