Government gives approval to privatise 13 airports

New Delhi: The Airports Authority of India (AAI) on Thursday approved the privatisation of 13 more airports by next year under the national monetisation plan which aims to generate Rs 3,660 crore of private investment into the airports by FY 2024.

According to government officials, among the selected airports, six majors ones – Amritsar, Bhubaneswar, Indore, Raipur, Trichy and Varanasiand seven smaller ones – Hubli, Tirupati, Aurangabad, Jabalpur, Kangra, Kushinagar and Gaya will be clubbed together.

In FY23, the government plans to monetise eight airports, including Calicut, Coimbatore, Nagpur, Patna, Madurai, Surat, Ranchi, and Jodhpur. In FY24, another six airports will be monetised in Chennai, Vijayawada, Tirupati, Vadodara, Bhopal and Hubli.