Airports Authority of India today signed three Concession Agreements for Operations, Management and Development of Guwahati, Jaipur and Thiruvananthapuram airports through PPP mode with the Concessionaires i.e. Adani Guwahati International Airport Ltd, Adani Jaipur International Airport Ltd and Adani Thiruvananthapuram International Airport Ltd respectively. The agreements were signed by Mr. N.V. Subbarayudu, Executive Director, Strategic Initiative Unit on behalf of AAI and Mr. Behnad Zandi, Chief Executive Officer, Adani Airports Limited at Corporate Headquarters of AAI in the presence of Shri Arvind Singh, Chairman, AAI; Board Members and other senior officials of AAI and Adani Enterprises Limited.
The concessionaires are required to take up the Guwahati, Jaipur and Thiruvananthapuram airports fulfilling certain conditions precedents within 180 days from 19th January, 2021 and will operate, manage and develop the airports for next 50 years, in accordance with the terms and conditions specified in the Concession Agreements
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