In February 2019, the government-owned Kerala State Industrial Improvement Company (KSIDC) participated within the open bidding for the airport however Adani Enterprises gained it with the best bid.
Amid opposition by a piece of airport employees in addition to the ruling LDF authorities in Kerala, the Adani Group has taken cost of the operation and administration of the Thiruvananthapuram Worldwide Airport on Thursday.
“Connecting lives with cherished journey experiences, we’re happy to share that #Thiruvananthapuram Airport is now a #GatewayToGoodness. We’re privileged to serve and welcome passengers to God’s Personal Nation crammed with lush greenery, stunning seashores, and beautiful delicacies,” the group stated in a tweet, each in English and Malayalam, after the takeover.
The CPI (M)-led state authorities had tried its greatest to stall the takeover and final yr the state meeting had handed a unanimous decision in opposition to it. Its petition questioning the takeover was rejected by all courts. However Congress MP from the state capital Shashi Tharoor has hailed the transfer and stated it’ll assist develop the airport and improve its connectivity.
In February 2019, the government-owned Kerala State Industrial Improvement Company (KSIDC) participated within the open bidding for the airport however Adani Enterprises gained it with the best bid. Adani group supplied to pay a price of Rs. 168 per passenger, adopted by KSIDC at ₹135 and GMR Group at ₹63. Although KSIDC was additionally given a ten% low cost because it was a authorities entity, Adani quoted greater than 30% to win the bid.
After shedding the bid, Chief Minister Pinarayi Vijayan had written to Prime Minister Narendra Modi asking him to not hand over the airport to a personal entity, citing the profitable public-private partnership mannequin of Cochin Worldwide Airport Restricted (CIAL) and Kannur airports. He stated the state deserved preferential consideration over a personal group, taking into consideration its expertise in working two airports. Later its pleas had been turned down by the Excessive Court docket and Supreme Court docket.
One of many oldest airports within the nation, in-built 1932, the Thiruvananthapuram Airport was operated to this point by the Airports Authority of India (AAI). It’s located in the midst of town on 638 acres of land donated by the erstwhile rulers of Travancore.