Memorandum Of Understanding (MOU)
AAI signed 3 Concession Agreements with the Adani Airports Ltd
New Delhi: AAI today signed 3 Concession Agreements with the Adani Airports Ltd. for Operations, Management & Development of Ahmedabad, Lucknow & Mangaluru Airports through PPP mode. The agreements were signed in presence of Chairman, AAI & other senior officials of AAI & Adani Enterprises.
AAI initiated the International competitive bidding process for PPP transaction of six Airports - Sardar Vallabhbhai Patel International Airport, Chaudhary Charan Singh International Airport, Mangalore International Airport, Jaipur International Airport, Guwahati Airport & Trivandrum International Airport in 2018 and Adani Group emerged as the highest bidder for these airports.
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The concession fee that AAI would receive will be utilized for the maintenance and development of the Brownfield Airports along with RCS-UDAN and other Greenfield Airports across the nation.
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