Adani wins Guwahati Airport bid, to Operate for 50 years

08:03 AM Feb 26, 2019 | G Plus News

GUWAHATI: Gautam Adani’s infra group has emerged as the highest bidder for Guwahati airport. The financial bids for LGBI airport where opened by the Airports Authority of India (AAI) on Tuesday, February 26. 

The winning bid for Guwahati confirms their win to operate all six airports- Ahmedabad, Jaipur, Mangalore, Trivandrum, Lucknow and now, Guwahati. The government is planning to run these airports in the public-private way like mega hubs at Delhi and Mumbai for the next 50 years. 

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A senior AAI official said that Adani’s per passenger, per month revenue bid of Rs. 160 is the highest for Guwahati. The revenue share amounts offered by the other five bidders are awaited. 

The official mentioned that the tendering process has been completed and the actual award of work and transfer of the airports to the highest bidder will take place after Cabinet clearance. 

The letter of award is said to be issued to the winning bidder on February 28. 

This is the second round of privatising airports after Delhi and Mumbai were given out to private companies, GMR and GVK over 10 years ago. 

The AAI has chosen a new model of revenue generation from these six airports’ prospective bidders.

The RFP (Request for Proposal) document states, “the concessionaire shall pay to the Authority, on a monthly-basis, a fee (the ‘per-passenger fee’ or PPF) in respect of each passenger (both domestic and international) handled at the airport in accordance with the concession agreement.”