Govt estimates at least ₹8,622 crore private investment in 11 airports
In a departure from previous rounds, the current plan is to club a larger or profitable airport with a smaller or loss-making one.
The Indian government anticipates a minimum of ₹8,600 crore in private investments for the 11 airports slated for privatization, according to a document reviewed by Mint. The document states that infrastructure companies and other non-airport operators are eligible to bid, provided they meet certain conditions. Abhishek Law, a journalist covering aviation for Mint, explains that the investment estimate encompasses various aspects of the aviation sector, including aircraft, oil prices, geopolitics, and airline executives.
Law spends a significant portion of his time deciphering airline terminology and translating complex business stories into comprehensible language for his readers.
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
