25 AAI Airports Including Bhubaneswar Airport Earmarked for Leasing till 2025 under NMP
New Delhi: As many as 25 AAI (Airport Authority of India) airports including Odisha’s Bhubaneswar airport have been earmarked for leasing till 2025 under the National Monetisation Pipeline (NMP) with the help of private sector investment and participation. This has been informed by the Ministry of Civil Aviation in a written reply in the Rajya [...]
New Delhi: As many as 25 AAI (Airport Authority of India) airports including Odisha’s Bhubaneswar airport have been earmarked for leasing till 2025 under the National Monetisation Pipeline (NMP) with the help of private sector investment and participation.
This has been informed by the Ministry of Civil Aviation in a written reply in the Rajya Sabha on Monday.
The leasing of the 25 airports began in 2022. These airports include Trichy, Coimbatore, Madurai & Chennai in Tamil Nadu; Bhubaneswar in Odisha; Varanasi in Uttar Pradesh; Amritsar in Punjab; Indore & Bhopal in Madhya Pradesh; Raipur in Chhattisgarh; Calicut in Kerala; Nagpur in Maharashtra; Patna in Bihar; Surat & Vadodara in Gujarat; Ranchi in Jharkhand; Jodhpur & Udaipur in Rajasthan; Vijayawada, Tirupati & Rajahmundry in Andhra Pradesh; Hubli in Karnataka; Imphal in Manipur; Agartala in Tripura and Dehradun in Uttarakhand.
The Ministry of Civil Aviation said that as per the Foreign Direct Investment (FDI) Policy 2017, 100 per cent FDI in Civil Aviation sector is permissible subject to certain conditions as mentioned in the policy.
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