Home » Bhubaneswar Airport Set To Be Privatized Soon, Says MoS Civil Aviation

Bhubaneswar Airport Set To Be Privatized Soon, Says MoS Civil Aviation

by Swati Sahoo

On Wednesday, Minister of State for Civil Aviation Gen. VK Singh informed the Rajya Sabha that the Airport Authority of India (AAI) has authorised the privatization of the Biju Patnaik International Airport (BPIA) in Bhubaneswar.

He stated that the AAI board has authorised the leasing of Bhubaneswar airport, as well as five other airports, for operations, management, and development under the Public Private Partnership (PPP) model.

Varanasi, Amritsar, Raipur, Indore, and Trichy are the other five airports that will be privatized.

“AAI Board in its 190th meeting held on 5th September, 2019 has approved leasing of another six airports namely Bhubaneswar, Varanasi, Amritsar, Raipur, Indore, and Trichy for undertaking operations, management, and development through PPP,” the MoS said in response to a question from MP Subhash Chandra Singh.

Greenfield Airports Policy was established in 2008, clearing the door for the building of greenfield airports by the government, a private entity, or under the Public Private Partnership (PPP) model, he added. The 2016 National Civil Aviation Policy also emphasises the construction of airports through the public-private partnership method.

It indicates that the Ministry of Civil Aviation would continue to promote state governments, the business sector, and public-private partnerships to construct airports. The Airports Authority of India (AAI) leased out Delhi and Mumbai Airports on a public-private partnership (PPP) model in 2006 for operation, management, and development.

AAI granted PPP contracts to six additional airports in 2018-19: Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram, and Mangaluru.

https://odishatv.in/news/miscellaneous/bhubaneswar-airport-set-to-be-privatised-soon-mos-civil-aviation-154719

www.rtdjournal.com

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