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Adani wins bids to operate 5 AAI airports

February 25, 2019 / Mihir Mishra

The Adani group has won bids to upgrade and operate 5 out of 6 airports that the Airports Authority of India (AAI) had put out for bids.  Sources said the Adani Group, which had bid for all six airports, has won to upgrade and operate five of them of for a period of 50 years. The airports that the group has won are Lucknow, Jaipur, Ahmedabad, Mangalore & Trivandrum.
Bids for sixth airport - Guwahati- have not been opened yet, sources added.  These airport  projects will mark the entry of the Adani Group in aviation. The group is trying to enter airport business and has been in talks with GVKNSE 8.84 % fir a possible takeover of its stake in Mumbai airport