Adani Group asked to take over operations of Ahmedabad airport by November 12
October 09, 2020
New Delhi: The Airports Authority of India (AAI) has asked Adani Group to take over and start operating the Ahmedabad, Lucknow and Mangaluru airports by November 12, 2020 according to a report. The Adani Group – M/s Adani Enterprises Ltd (AEL) had cited the force majeure in March, 2020 arising from Covid 19 pandemic to inform the Airports Authority of India (AAI) that it may have to delay taking over the three (Lucknow, Manglore, and Ahmedabad) of the six airports it had won in February 2019 till 15th February, 2021. The group has not taken over the remaining three airports at Jaipur, Trivandrum, and Guwahati since they were stuck in litigation. The Airport Authority of India (AAI) expect upfront payment of Rs 1,000 crore followed by another Rs 1,300 crore from them for the six airports. The Adani Group quoted the highest per-passenger fee and bagged the 50 year concession for operating all the 6 currently AAI operated airports – Lucknow, Jaipur, Guwhati, Ahmedabad, Trivandrum, and Mangalore – which were put up for auction.
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