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The Economic Times
The Economic Times

India's airport privatisation plan creates a barricade for power in few hands

ET India Airports Authority of India AAI GMR Jeet Adani Adani Airport Holdings IndiGo

The government is planning to cap the number of airport bundles that a single private bidder can win in the upcoming privatisation of 11 Airports Authority of India airports, citing concerns over market concentration and excessive leverage across projects, PTI reported.

The cap is aimed at mitigating the risk that one operator taking on multiple airport projects could become over-leveraged, with financial stress at one project potentially affecting its other airport concessions, the report said, citing the Public Private Partnership Appraisal Committee (PPPAC) document.

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