HomeBusinessAdani Group inks deal with Airport Authority of India for developing of three airport

Adani Group inks deal with Airport Authority of India for developing of three airport

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The Adani Group has signed a concession agreement with Airport Authority of India (AAI) for the development of three airports.”

The AAI in its statement said, “The concessionaires are required to take up the Guwahati, Jaipur, and Thiruvananthapuram airports fulfilling certain conditions precedents within 180 days from 19 January 2021.”

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“The concession fee that would be received by AAI after leasing out the airports will be used for maintenance and development of other brownfield airports, and also for further development of RCS (Regional Connectivity Scheme), and greenfield airports throughout the control,” the statement said.

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Krishna Mali
Krishna Mali
Founder, CEO & Group Editor of TechGraph.
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