By the end of this fiscal year, the Central government hopes to complete the privatisation process for 13 airports managed by the state-owned Airports Authority of India (AAI).
"We have sent a list of 13 airports to the aviation ministry that are to be bid out on PPP (public-private partnership). The plan is to complete the bidding of these airports by the end of this fiscal," Sanjeev Kumar, chairman of the AAI was quoted as saying by the ET.
"The model to be followed for bidding would be the per-passenger revenue model. This model has been used earlier and is successful and the Jewar airport (in Greater Noida) was also bid out on the same model," he said.
He further added that there will be takers for these projects despite Covid, as the impact of the disease is short term and the airports are on offer for 50 years.
As reported earlier, the AAI has decided to club seven small airports with six big ones, Varanasi with Kushinagar and Gaya; Amritsar with Kangra; Bhubaneswar with Tirupati; Raipur with Aurangabad; Indore with Jabalpur; and Trichy with Hubli.