Finance Minister Nirmala Sitharaman, while presenting the Budget, said as a part of its asset monetization program, the government privatise AAI-owned airports in tier-2 and tier-3 cities.
As per the report in the Pudhari, Eight airports in Maharashtra – Pune, Kolhapur, Solapur, Aurangabad, Akola, Jalgaon, Gondia, Juhu (Mumbai) – will also be privatized along with the two adjacent Belagavi and Goa airports adjacent to Kolhapur.
The exact timeline is not disclosed and the same may happen in this fiscal or the next as per sources.
Monetizing operating public infrastructure assets is a very important financing option for new infrastructure construction. A “National Monetization Pipeline” of potential brownfield infrastructure assets will be launched.
In the third phase of airport privatisation, the government is set to start the process of awarding about 10 airports. The Airports Authority of India (AAI) is examining the possibility of selling loss-making airports along with a profitable one.
The previous round of privatization included the sale of Lucknow, Ahmedabad, Jaipur, Mangalore, Trivandrum, and Guwahati airports to Adani enterprises.
The board has approved the leasing of another six airports namely Bhubaneshwar, Varanasi, Amritsar, Raipur, Indore and Trichy for undertaking operations, management, and development through PPP. A suggestion has been made to the club each of these airports with nearby smaller airports for the purpose of joint development,” the Ministry of Civil Aviation said in a reply to a question raised in Lok Sabha.