The civil aviation ministry will obtain requisite approvals for the divestment of equity stakes of AAI in the respective joint ventures running the facilities
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Updated Mar 14, 2021 | 12:09 IST
For the 13 AAI airports identified for privatisation, the possibility of clubbing of profitable and non-profitable airports will be explored to make more attractive packages, sources said Govt to sell remaining stake in Delhi, Mumbai, Bangalore, Hyderabad airports
New Delhi: The government plans to sell its residual stake in already privatised Delhi, Mumbai, Bengaluru and Hyderabad airports as part of the ambitious Rs 2.5 lakh crore asset monetisation pipeline identified to raise additional resources, sources said.
Sale of Airport Authority of India s (AAI) remaining stake in the four airports as also 13 more airports have been identified for privatisation in 2021-22 fiscal, two people aware of deliberations at Empowered Committee of Secretaries last month said.
The Central government aims 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 four airports of Delhi, Mumbai, Bengaluru and .
Govt plans independent entity under NIIF to act as investment manager for InvITs, REITs
March 14, 2021
Govt sets asset monetisation targets for eight ministries
The government is weighing a plan to mandate the National Investment and Infrastructure Fund (NIIF) with the task of setting up an independent entity to act as investment manager for all infrastructure investment trusts and real estate investment trusts, floated by ministries and Central public sector enterprises, as part of a programme to raise ₹2.5-lakh crore through monetisation of assets.
“Considering the key role played by investment manager in the InvITs/REITs governance structure, the NITI Aayog has suggested that the practice of nominating one of the subsidiary companies of the CPSEs undertaking asset monetisation as investment manager should be avoided,” said a government official.