The Ministry of Civil Aviation in India has proposed to privatize more airports after the successful completion of airports in Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati for the operation, management and development through public-private partnership (PPP) model.
The Ministry has plan to float the proposal before Union Cabinet for approval. Six airports were cleared on PPP in February 2019. Airport Authority of India has suggested to also privatize the airports in Amritsar, Varanasi, Bhubaneswar, Indore, Raipur, and Trichy. The ministry has plans to build 100 new airports by 2030.
Country updates
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August 05, 2020
India extends tender bid for BPCL privitization anew
The Ministry of Finance of India has extended the deadline for the submission of bids for the launches expression of interests (EOI) tender for the privatization of the Bharat Petroleum Corporati...
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July 24, 2020
Contracting authority cancels bid received for road project in West Bengal
National Highways Authority of India (NHAI) has annulled a bid it received from IRB Infrastructure Developers earlier this month for the NH 19 Dankuni to Palsit road PPP project in West Bengal. I...
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July 21, 2020
Nine companies shortlisted for railway station redevelopment project in India
Indian Railway Stations Development Corp (IRSDC) has shortlisted nine companies for four railway station redevelopment project. The project includes transforming the railway stations at Gwal...
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July 15, 2020
Contract award for section of NH 19 road project in West Bengal
The National Highway Authority of India (NHAI) has awarded the concession of 63.83 km stretch of NH 19 from Dankuni to Palsit in west Bengal to IRB Infrastructure Developers. The project wil...
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July 13, 2020
BP invests US$70mn in Green Growth Equity Fund
British oil and gas major BP is set to invest in the Green Growth Equity Fund (GGEF) in India. The fund, established in 2018, is focused on identifying, investing, and supporting growth in zero c...
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