AAI assets worth ₹1,300 cr. at 3 airports sold to Adani for ₹500 cr., claims union
The Hindu
In letter to PM, body seeks judicial probe into privatisation of six airports
The Airports Authority of India’s (AAI) aeronautical and non-aeronautical assets at three were transferred at a fraction of earlier estimates drawn at the time of seeking government approval for privatisation, its employee’s union has alleged.
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In an open letter to Prime Minister Narendra Modi on October 2, the Airports Authority Employees’ Union has highlighted that assets valued at ₹1,300 crore at the time the Ministry of Civil Aviation had sought approval from the government’s Public Private Partnership Appraisal Committee (PPPAC) were sold to Adani Enterprises Limited (AEL) for a mere ₹500 crore when it took over the Mangaluru, Lucknow, Ahmedabad airports last year.
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