Airports Authority of India appoints PwC as transaction advisor for airports' privatization
The state-run Airports Authority of India (AAI) has appointed PwC as a transaction advisor and will lead in the privatization of airport facilities on the public-private partnership (PPP) basis.
Civil Aviation Ministry (MoCA), the nodal Ministry responsible for the formulation of national policies and programmes for development and regulation of Civil Aviation and the head office of AAI, has circulated draft cabinet note that seeks comment from other ministries before submitting the final proposal for government's approval.
The government is set to launch the privatization of six airports consist of Varanasi, Amritsar, Bhubaneswar, Trichy, Indore and Raipur.
Country updates
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December 27, 2019
CMA CGM signs agreement for selling stake in 10 Port terminals with China Merchants Port
The CMA CGM Group has announced that it has signed an agreement with China Merchants Port (CMP) to sell a portfolio of stakes in ten port terminals to Terminal Link, their joint-venture set up in 2013...
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December 24, 2019
Brookfield Infrastructure to acquire telecom towers in India from Reliance Industries
Brookfield Infrastructure Partners, alongside its institutional partners, has announced that it has entered into binding agreements to acquire a 100% stake in a telecom tower company in India&nbs...
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December 05, 2019
Winner selected for the largest airport in India
Flughafen Zürich AG was chosen as Selected Bidder for the concession to design, develop and operate the new Noida International Airport at Jewar in India.
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December 03, 2019
India considers leasing out 6 airports under PPP model
The ministry of civil aviation in India has told the Parliament that the Airport Authority of India (AAI) is recommending to lease out 6 airports for operation, management, and development under PPP m...
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November 28, 2019
RFP launched for development of commercial complex in Haldwani
Uttarakhand Tourism Development Board in India has launched a request for proposal seeking private building developers for commercial complex project. The project includes design, build, finance,...
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