InvestorQ : Why are there objections to handing over the running of a Kerala airport to Adani?
Rutuja Nigam made post

Why are there objections to handing over the running of a Kerala airport to Adani?

Answer
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4 weeks ago


It looks like the case is becoming more political and less economic or project driven. The Kerala Assembly has now passed a resolution against the leasing of the Thiruvananthapuram airport to the Adani Group, which has been aggressive on the airport front.

The specific resolution was moved by the chief minister, Pinnarayi Vijayan. The assembly has called for the said airport to be given to a SPV with the state of Kerala as a partner. Adani earned the rights to run and manage 6 airports on PPP basis across India via competitive bidding process in 2019.