Adani group bags lease for six airports

Adani bags the lease rights of 6 airports

The award of lease rights for six non-metro airports to successful bidder Adani Enterprises Ltd will be one of the first big-ticket deals. Adani Enterprises had emerged highest bidder when the Airports Authority of India (AAI) — which currently runs these six airports — sought bids for the operation and management of existing airport assets as well as the upgradation and development of additional air-side terminals and land-side infrastructure on 50 years lease for Ahmedabad, Guwahati, Jaipur, Lucknow, Mangaluru and Thiruvananthapuram airports. Adani’s entry will increase number of players in India’s airports business.

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