Cabinet approves proposal to manage 6 AAI airports under public private partnership

Source: PTI
Place: New Delhi, Delhi, India Published: Nov 08, 2018, 10.55 PM(IST)

File photo of Ravi Shankar Prasad Photograph:( Zee News Network )

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This would be done through Public Private Partnership Appraisal Committee (PPPAC).

The Cabinet Thursday approved a proposal to manage Ahmedabad, Jaipur, Lucknow and three other airports under public-private partnership (PPP).

The three other aerodromes are those at Guwahati, Thiruvananthapuram and Mangaluru.

The operation, management and development of all these aerodromes, owned by the Airports Authority of India (AAI), would be done under PPP, an official tweet said.

This would be done through Public Private Partnership Appraisal Committee (PPPAC).

"The Cabinet has given in-principle approval for operation, management and development of Jaipur, Lucknow, Thiruvananthapuram, Guwahati, Ahmedabad and Mangaluru airports on PPP (Public-private partnership) model," Union Minister Ravi Shankar Prasad told media. 

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Any issue that is beyond the scope of PPPAC would be dealt with by an empowered group of secretaries, the tweet said.

The group would be headed by NITI Aayog CEO. Secretaries of Civil Aviation Ministry, Department of Economic Affairs and Department of Expenditure would be part of the group.

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