The airports have been selected based on several criteria. One of the criteria is the annual traffic above 0.4 million passengers. The other is the presence of a sizeable proposed or outgoing capital expenditure.
New Delhi: The government of India has decided to monetise 25 airports across the country till 2025 under the National Monetization Pipeline. The plan was revealed by Minister of State for Civil Aviation, Dr VK Singh, according to a report by Mint. The report added that the government, in August, had said that it plans to raise Rs 20,782 crore till FY25 by monetising 25 airports in India.
The airports have been selected based on several criteria, the report stated. One of the criteria is the annual traffic above 0.4 million passengers. The other is the presence of a sizeable proposed or outgoing capital expenditure as per the National Infrastructure Pipeline (NIP). The years of 2019 and 2020 have been taken as the reference years, the report further said.
The Airport Authority of India (AAI) has identified the airports for the whole process. In the FY22 it has planned to monetise six airports, in FY23 it has planned to monetise eight airports and in FY24, six airports. Further, in FY25, it plans to monetise five airports.
Here is the list of the 25 airports
First leg (FY22)–
Amritsar
Varanasi
Bhubaneswar
Indore
Raipur
Trichy
Second Leg (FY23)–
Calicut
Coimbatore
Nagpur
Patna
Madurai
Surat
Ranchi
Jodhpur
Third Leg (FY24)–
Chennai
Vijayawada
Tirupati
Vadodara
Bhopal
Hubli
Fourth Leg (FY25)–
Imphal
Agartala
Udaipur
Dehradun
Rajamundhry
The report also stated that in FY20-21, 133 out of 137 airports in the country suffered huge losses owing to the coronavirus pandemic. Mumbai Airport suffered a loss of Rs 331 crore and Delhi airport suffered a loss of Rs 317 crore.