#pppac
India Plans PPP Leasing for 11 Airports, Including Tirupati
The civil aviation ministry has proposed leasing 11 Airports Authority of India airports to private concessionaires under a public-private partnership model. The airports, including Varanasi and Tirupati, would be grouped into five bundles and offered for 50-year concession periods. The proposal has received in-principle approval from the Public Private Partnership Appraisal Committee. The estimated investment by selected concessionaires is pegged at Rs 8,622 crore.
India Plans PPP Leasing for 11 Airports, Including Tirupati
The civil aviation ministry has proposed leasing 11 Airports Authority of India airports to private concessionaires under a public-private partnership model. The airports, including Varanasi and Tirupati, would be grouped into five bundles and offered for 50-year concession periods. The proposal has received in-principle approval from the Public Private Partnership Appraisal Committee. The estimated investment by selected concessionaires is pegged at Rs 8,622 crore.









