Airports Authority of India (AAI) has signed a concession agreement with subsidiaries of Adani Group (Adani Jaipur International Airport Limited, Adani Guwahati International Airport Limited, and Adani Thiruvananthapuram International Airport Limited) for operations, Management, and development of Jaipur, Guwahati, and Thiruvananthapuram Airports.
The concession period for the project is 50 years.
Country updates
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January 21, 2021
Adani Enterprises wins USD251 million highway PPP project in India
Adani Enterprises Limited announced that it has received a Letter of award of Hybrid Annuity Road Project worth Rs1838 Crore (USD251 million) from National Highways Authority of India (NHAI) in K...
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January 21, 2021
New operator appointed for Neelamangala - Devihalli expressway PPP
The National Highways Authority of India (NHAI) has entered into an agreement with Cube Highways and Infrastructure I-D Pte Ltd (Cube Highways) to operate an 80-kilometer, four-lane tol...
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January 18, 2021
India awards road PPP connecting Azhiyur to Vengalam
National Highway Authority of India (NHAI) has issued a letter of award (LOA) to Adani Group to develop a 40.80-km long six-lane highway connecting Azhiyur to Vengalam in Kerala. The project is b...
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December 28, 2020
Nine bidders shortlisted for railway line privatization PPP in India
Ministry of Railways (MOR) had invited Request for Qualifications (RFQ) for private participation in the operation of passenger train services over 12 Clusters comprising of more than 150 Origin Desti...
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December 21, 2020
NIIF Master Fund reaches financial close
National Investment and Infrastructure Fund Limited (NIIFL) has announced the final close for its NIIF Master Fund with US$2.34 billion, exceeding its target of US$2.1 billion. The Public Sector Pens...
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