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Govt to sell remaining stake in Delhi, Mumbai, Bengaluru and Hyderabad airports
16 March 2021
The government will offload its residual stake in privatised Delhi, Mumbai, Bengaluru and Hyderabad airports as part of its Rs2.5 lakh crore asset monetisation plan.
The Airport Authority of India (AAI) will sell its remaining stake in these four airports and has identified 13 more airports for privatisation in the 2021-22 fiscal, reports citing sources close close to the development said.
The Airports Authority of India (AAI) board has approved a proposal to sell its remaining stake in these four public-private partnership airports, the sources said citing deliberations at the Empowered Committee of Secretaries last month.
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Both Sreedharan and Nair proved Indians have their own expertise to build state-of-the-art public infrastructure. Until T3 was commissioned, Nair was also in touch with Sreedharan occasionally exchanging notes on the project progress.
Govt launches UDAN 4.1, invites bids for priority routes
To further enhance regional air connectivity, the Centre on Sunday invited bids for the 4.1 round of the RCS-Udan scheme. Accordingly, the ‘Bid Document’ has been uploaded on the Central Procurement portal of the National Informatics Centre inviting the bids from interested airlines. The process is expected to be completed by six weeks.
| 15 March 2021 6:13 AM GMT
NEW DELHI: To further enhance regional air connectivity, the Centre on Sunday invited bids for the 4.1 round of the RCS-Udan scheme. Accordingly, the Bid Document has been uploaded on the Central Procurement portal of the National Informatics Centre inviting the bids from interested airlines. The process is expected to be completed by six weeks.
Gandhi tweeted on Monday afternoon: #IndiaAgainstPrivatisation which hurts the public and benefits only a handful of cronies. Gandhi s attack comes in wake of the government aiming to sell its residual stake in four airports as part of the Rs 2.5 lakh crore asset monetisation pipeline. The sale of Airport Authority of India s remaining stake in the Delhi Mumbai, Bengaluru and Hyderabad airports, as well as identification of 13 more airports for privatisation, has been planned for the next fiscal. The Ministry of Civil Aviation will take approvals for divestment of equity stake of the AAI in the joint ventures running Delhi, Mumbai, Bengaluru and Hyderabad airports.