Adani Group has started taking over the operation of the Sardar Vallabhbhai Patel International Airport located in Ahmedabad, state of Gujarat in western India.
The Airports Authority of India (AAI) has completed the procedure to transfer the operation of the airport to the Adani Ahmedabad International Airport Ltd (AAIAL).
In February 2020, AAI has signed concessions of Managaluru International Airport, Ahmedabad International Airport, and Lucknow International Airport with subsidiaries of Adani Group. The concession includes the development, operations, and management of the airports for a period of 50 years.
Country updates
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October 23, 2020
Cube Highways acquires TOT Bundle 3 Project in India
The NHAI has awarded TOT 3 bundle (566 Km in length) consisting of 9 toll plazas in the state of UP, Jharkhand, Bihar and Tamil Nadu under its ambitious Toll-Operate-Transfer (ToT) model to Cube Mobil...
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October 14, 2020
Qualifications submitted for passenger line privatization PPP in India
Indian Railways has announced that 120 Applications have been received from 15 applicant firms in response to request for qualification (RFQ) for the privatization of passenger train lines operat...
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October 01, 2020
43 companies attended pre-bid meeting for Mumbai railway terminal PPP
The pre-bid meeting of the Chhatrapati Shivaji Maharaj Terminus (CSMT) PPP project in Mumbai organized by Niti Aayog and Indian Railways received a tremendous response from the private investors....
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August 31, 2020
RFQ launched for Mumbai railway station redevelopment PPP
The Indian Railways Station Development Corporation (IRSDC) has launched the bidding process for the redevelopment of Chhatrapati Shivaji Maharaj Terminus (CSMT) railway station in Mumbai. The fi...
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August 27, 2020
ADP receives approval to acquire stake in GMR Airports
Groupe ADP (Aéroports de Paris) has received permission from Philippine Competition Commission (PCC) to acquire 49% stakes in GMR Airports. PCC gave a green signal citing competitive...
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