The government plans to complete the privatisation process for 13 airports run by the state-owned Airports Authority of India (AAI) by the end of this fiscal year. "We have sent a list of 13 airports to the aviation ministry that are to be bid out on PPP (public-private partnership). The plan is to complete the bidding of these airports by the end of this fiscal," AAI chairman Sanjeev Kumar told ET in an interview. "Our capital expenditure will continue as planned," Kumar said. "To meet the capital expenditure requirements for this fiscal, we have borrowed Rs 1,000 crore.

Source: Economic Times October 26, 2021 18:50 UTC