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25 AAI airports earmarked for asset monetization under National Monetization Pipeline

Ministry of Civil Aviation 25 AAI airports earmarked for asset monetization under National Monetization PipelineAAI has identified 13 airports for

Ministry of Civil Aviation

25 AAI airports earmarked for asset monetization under National Monetization Pipeline

AAI has identified 13 airports for operations, management and development of the airports through PPP mode

Posted On: 09 DEC 2021 5:45PM by PIB Delhi

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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