Centre Identifies Vadodara, Surat Airport For Asset Monetization - Vibes Of India

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Centre Identifies Vadodara, Surat Airport For Asset Monetization

| Updated: December 9, 2021 19:53

As many as 25 airports in the country are identified for asset monetisation. From Gujarat, Vadodara and Surat airports are in the Centre’s list. As per National Monetization Pipeline (NMP), 25 AAI airports have been earmarked for asset monetization over the years 2022 to 2025 namely Bhubaneshwar, Varanasi, Amritsar, Trichy, Indore, Raipur, Calicut, Coimbatore, Nagpur, Patna, Madurai, Surat, Ranchi Jodhpur, Chennai, Vijayawada, Vadodara, Bhopal, Tirupati, Hubli, Imphal, Agartala, Udaipur, Dehradun and Rajahmundry.

The Airports Authority of India (AAI) has identified Tiruchirappalli (Trichy) International Airport in Tamil Nadu among 13 airports for operations, management and development of the airports through Public Private Partnership (PPP) mode in public interest and for better management of the airports.

Even after bringing these airports under PPP mode of operations, AAI will remain the owner of the airports and all these airports will revert to AAI once the Concession Period is over.

This information was given by the Minister of State in the Ministry Of Civil Aviation (Gen. (Dr) V. K.Singh Retd) in a written reply to a question in Lok Sabha today.

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