Adani Group has received a three-month extension to takeover Jaipur, Thiruvananthapuram, and Guwahati airports.
This means that the company can now take over the three airports by October, the news channel reported. Also the Adani Group had sought a six-month extension to take charge of the airports. It is due to the second wave of COVID-19.
However on July 13, Adani Airport Holdings Limited (AAHL), a unit of Adani Enterprises, took management control of the Mumbai airport. Also AAHL took control of Mumbai International Airport Ltd (MIAL) from the GVK Group, following a MIAL board meeting.
AAHL will begin the construction of the Navi Mumbai International. Airport next month and also complete the financial closure in the next 90 days.
The conglomerate had also asked the Airports Authority of India (AAI) to invoke the force majeure clause.
Moreover the Adani Group has received permission to operate the airports through the public-private partnership (PPP) model.
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