INSUBCONTINENT EXCLUSIVE:
under the public private partnership (PPP) model.The company emerged as the highest bidder for all the six airports -- Ahmedabad, Jaipur,
Lucknow, Thiruvananthapuram, Guwahati and Mangaluru -- as per financial bids opened on February 25.The bid was decided on the basis of the
management of the airports, currently run by the AAI, for 50 years.According to documents reviewed by IANS, Gautam Adani-led Adani
Enterprises will pay about Rs 3,15,000 crore to the AAI, against Rs 2,60,000 crore quoted as the second highest bid for the airports
Accordingly, they will pay Rs 55,000 crore additional premium compared to the second highest bidder.IANS has learnt that the company will
also be liable to pay a minimum of Rs 6,000 crore per year to the AAI, whereas it will have to incur an capital expenditure of minimum Rs
20,000 crore, for the six airports in the next five years.The development comes as a major shot in the arm for the group amidst reports that
the company plans to acquire a stake in Mumbai International Airport Ltd, which is currently run by the GVK group.In November last year, the
government had cleared a proposal for managing six AAI-run airports on public-private partnership (PPP) basis
The Guwahati airport was the other one to be put out for privatisation but the bids for the airport were not opened.
