NEW DELHI: The Adani Group has emerged because the easiest bidder for five of the six airports executive plans to run public-private way just like the mega hubs at Delhi and Mumbai. The Gautam Adani-led infra main has gained the bids to perform Ahmedabad, Jaipur, Mangalore, Trivandrum and Lucknow airports for next 50 years, say Airports Authority of India (AAI) resources. The financial bids for the sixth airport, Guwahati, will likely be opened on Tuesday.
“The tendering procedure is complete. Now the true award of labor and transfer of the airports to the easiest bidder will occur after Cabinet clearance,” mentioned a senior AAI reliable. The financial bids for the entire six airports were to be opened on Monday. “However, there used to be a judicial order in opposition to opening of Guwahati airport which has now been lifted. The bids for that airport will open on Tuesday,” mentioned the reliable.
The GMR and Adani Groups had bid for the entire six airports. According to the request for proposal issued for these airports final December, the letter of award has to be issued to the profitable bidder on February 28.
This is the second big round of privatising airports after Delhi and Mumbai were handed out to personal players, GMR and GVK, over a decade back. AAI has now opted for a brand new model of revenue technology from these six airports’ potential bidders. “The concessionaire shall pay to the Authority, on a monthly-basis, a rate (the ‘per-passenger rate’ or PPF) in appreciate of each passenger (each home and international) handled at the airport in keeping with the concession settlement,” the RFP file says.
Adanis PPF used to be the easiest at the five airports whose financial bids were opened on Monday. For Ahmedabad, the PPF quoted through Adani and GMR is learnt to be Rs 177 and Rs 85, respectively. Similarly, the bid through Adani and GMR for Jaipur used to be Rs 174 and Rs 69; for Mangalore Rs 115 and Rs 18; for Trivandrum Rs 168 and Rs 63 and for Lucknow it used to be Rs 171 and Rs 63.
Jaipur and Ahmedabad airports had were given seven bids each; Lucknow and Guwahati six each and Mangalore and Thiruvananthapuram three each. In all, AAI has were given 32 bids for the six airports from 10 bidders.
The PPF bid amounts display how aggressively the Adani Group bid for the airports. Adani’s foray into airport will now mean India has extra private sector biggies within the box which so far used to be ruled through the GMR (Delhi and Hyderabad) and GVK (Mumbai and until some years back Bangalore).
Jagannarayan Padmanabhan, director and observe lead (shipping and logistics) at CRISIL Infrastructure Advisory, mentioned: “Hitherto airports sector in India used to be predominantly ruled through couple of players, an access of a non-public participant with deep pockets to manage these operational property (Five of the six property for which ends were declared) augurs smartly for the sector and within the days ahead we must see good pageant among the players. We expect AAI to get a revenue within the region of Rs 525-575 crore within the first year and long term revenue would be related to the traffic growth.”
AAI’s RFP mentioned “the profitable concessionaire shall be liable for operations and management of the prevailing airport property as well as for designing, engineering, financing, development and construction of the additional/ additional air-side, terminal, city-side and land-side infrastructure for the airport and the operation and management thereof in keeping with the concession settlement and acceptable laws.”
The Adani’s present aviation presence is proscribed to having an airline license for Karnavati Aviation and proudly owning an airstrip in Mundra, Gujarat.
“The tendering procedure is complete. Now the true award of labor and transfer of the airports to the easiest bidder will occur after Cabinet clearance,” mentioned a senior AAI reliable. The financial bids for the entire six airports were to be opened on Monday. “However, there used to be a judicial order in opposition to opening of Guwahati airport which has now been lifted. The bids for that airport will open on Tuesday,” mentioned the reliable.
The GMR and Adani Groups had bid for the entire six airports. According to the request for proposal issued for these airports final December, the letter of award has to be issued to the profitable bidder on February 28.
This is the second big round of privatising airports after Delhi and Mumbai were handed out to personal players, GMR and GVK, over a decade back. AAI has now opted for a brand new model of revenue technology from these six airports’ potential bidders. “The concessionaire shall pay to the Authority, on a monthly-basis, a rate (the ‘per-passenger rate’ or PPF) in appreciate of each passenger (each home and international) handled at the airport in keeping with the concession settlement,” the RFP file says.
Adanis PPF used to be the easiest at the five airports whose financial bids were opened on Monday. For Ahmedabad, the PPF quoted through Adani and GMR is learnt to be Rs 177 and Rs 85, respectively. Similarly, the bid through Adani and GMR for Jaipur used to be Rs 174 and Rs 69; for Mangalore Rs 115 and Rs 18; for Trivandrum Rs 168 and Rs 63 and for Lucknow it used to be Rs 171 and Rs 63.
Jaipur and Ahmedabad airports had were given seven bids each; Lucknow and Guwahati six each and Mangalore and Thiruvananthapuram three each. In all, AAI has were given 32 bids for the six airports from 10 bidders.
The PPF bid amounts display how aggressively the Adani Group bid for the airports. Adani’s foray into airport will now mean India has extra private sector biggies within the box which so far used to be ruled through the GMR (Delhi and Hyderabad) and GVK (Mumbai and until some years back Bangalore).
Jagannarayan Padmanabhan, director and observe lead (shipping and logistics) at CRISIL Infrastructure Advisory, mentioned: “Hitherto airports sector in India used to be predominantly ruled through couple of players, an access of a non-public participant with deep pockets to manage these operational property (Five of the six property for which ends were declared) augurs smartly for the sector and within the days ahead we must see good pageant among the players. We expect AAI to get a revenue within the region of Rs 525-575 crore within the first year and long term revenue would be related to the traffic growth.”
AAI’s RFP mentioned “the profitable concessionaire shall be liable for operations and management of the prevailing airport property as well as for designing, engineering, financing, development and construction of the additional/ additional air-side, terminal, city-side and land-side infrastructure for the airport and the operation and management thereof in keeping with the concession settlement and acceptable laws.”
The Adani’s present aviation presence is proscribed to having an airline license for Karnavati Aviation and proudly owning an airstrip in Mundra, Gujarat.
Adani highest bidder for five airports
![Adani highest bidder for five airports]()
Reviewed by Kailash
on
February 26, 2019
Rating:
