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Adani group likely to take over airport on Oct. 18

Adani group likely to take over airport on Oct. 18
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Ak Govindan Nampoothiry , Adani Thiruvananthapuram International Airport , Airports Authority Of India , Adani Group , Airports Authority , Thiruvananthapuram Airport , Anil Vikram ,

Thiruvananthapuram airport takeover may be delayed further


Express News Service
THIRUVANANTHAPURAM: The takeover of Trivandrum International Airport by Adani Thiruvananthapuram International Airport Limited, whollyowned subsidiary of Adani Enterprises, is likely to be delayed further as there is hardly 10 days left for the formal expiry of the concession agreement signed with the Airports Authority of India (AAI). The agreement was signed on January 19, 2021 for the operations, management and development of Thiruvananthapuram airport and as per its terms, the takeover has to be completed by July 18.
According to sources, the board meeting of AAI to be held on Wednesday is likely to take a call on the matter and may extend the deadline by three more months on the company’s request. Once the airport is taken over by the new operator, the AAI staff will have to work under the new employer for three years to ensure the smooth transition of the control of the airport to the new company. ....

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Privatisation hurts public, benefits only a handful of cronies: Rahul


Gandhi tweeted on Monday afternoon: #IndiaAgainstPrivatisation which hurts the public and benefits only a handful of cronies.
Gandhi s attack comes in wake of the government aiming to sell its residual stake in four airports as part of the Rs 2.5 lakh crore asset monetisation pipeline.
The sale of Airport Authority of India s remaining stake in the Delhi Mumbai, Bengaluru and Hyderabad airports, as well as identification of 13 more airports for privatisation, has been planned for the next fiscal.
The Ministry of Civil Aviation will take approvals for divestment of equity stake of the AAI in the joint ventures running Delhi, Mumbai, Bengaluru and Hyderabad airports. ....

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Privatisation hurts public, benefits only a handful of cronies: Rahul Gandhi | India News


Congress leader Rahul Gandhi on Monday attacked the BJP government over privatisation of airports (File photo)
NEW DELHI: Congress leader Rahul Gandhi on Monday attacked the BJP government over privatisation of airports by commenting on social media: They don t know how to build but sell.
Gandhi tweeted on Monday afternoon: #IndiaAgainstPrivatisation which hurts the public and benefits only a handful of cronies.
बनाना नहीं, सिर्फ़ बेचना जानता है।#IndiaAgainstPrivatisation which hurts the public and benefits only a handful o… https://t.co/MAOeEYXuNM Rahul Gandhi (@RahulGandhi) 1615792253000
Gandhi s attack comes in wake of the government aiming to sell its residual stake in four airports as part of the Rs 2.5 lakh crore asset monetisation pipeline. ....

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