State Government to Reclaim Control of Five Airports from RADPL
27 Jul 2023
2 Min Read
CW Team
"The state government, as announced by Deputy Chief Minister Devendra Fadnavis in the Assembly, is set to reclaim control of five airports鈥擝aramati, Nanded, Latur, Yavatmal, and Osmanabad鈥攆rom Reliance Airport Developers Private Limited (RADPL). RADPL, a subsidiary of Reliance Infrastructure led by Anil Ambani, was initially awarded the airports for a 30-year period in 2009 with the responsibility to develop and operate them. However, presently, all five airports are non-functional.
According to Fadnavis, RADPL has neglected airport maintenance and has not met its statutory obligations, leading to the closure of Nanded airport. To resolve this issue, the government will engage with the advocate general to address the legal aspects of reclaiming possession of these airports. Additionally, the state government will clear all dues for the five airports and seek reimbursement from the firm.
The topic of regional connectivity was raised during the discussion, with Senior Congress leader Ashok Chavan highlighting that out of the state's 32 airports and airstrips, only 11 are operational, impacting regional connectivity plans. He also pointed out the challenges posed by limited slots at Mumbai airport for flights to major cities, hindering intra-state travel.
Responding to these concerns, Fadnavis assured that efforts will be made to secure more slots at Mumbai airport for major cities through high-level meetings with Mumbai International Airport Limited (MIAL) officials.
Acknowledging the need for a centralized agency to oversee airport development, Fadnavis declared that such an agency will be established soon. Until now, the five airports under RADPL were under the Maharashtra Industrial Development Corporation (MIDC), while the rest were managed by the Maharashtra Airport Development Corporation (MADC).
Fadnavis also shared the government's plan to construct one helipad in each taluka (tehsil) and has formed a committee to assess the technical feasibility of suitable locations. The committee will visit all talukas to ensure sufficient space for helicopter take-offs."
See also:
Karnataka government to control and run new minor airports
The state government, as announced by Deputy Chief Minister Devendra Fadnavis in the Assembly, is set to reclaim control of five airports鈥擝aramati, Nanded, Latur, Yavatmal, and Osmanabad鈥攆rom Reliance Airport Developers Private Limited (RADPL). RADPL, a subsidiary of Reliance Infrastructure led by Anil Ambani, was initially awarded the airports for a 30-year period in 2009 with the responsibility to develop and operate them. However, presently, all five airports are non-functional.
According to Fadnavis, RADPL has neglected airport maintenance and has not met its statutory obligations, leading to the closure of Nanded airport. To resolve this issue, the government will engage with the advocate general to address the legal aspects of reclaiming possession of these airports. Additionally, the state government will clear all dues for the five airports and seek reimbursement from the firm.
The topic of regional connectivity was raised during the discussion, with Senior Congress leader Ashok Chavan highlighting that out of the state's 32 airports and airstrips, only 11 are operational, impacting regional connectivity plans. He also pointed out the challenges posed by limited slots at Mumbai airport for flights to major cities, hindering intra-state travel.
Responding to these concerns, Fadnavis assured that efforts will be made to secure more slots at Mumbai airport for major cities through high-level meetings with Mumbai International Airport Limited (MIAL) officials.
Acknowledging the need for a centralized agency to oversee airport development, Fadnavis declared that such an agency will be established soon. Until now, the five airports under RADPL were under the Maharashtra Industrial Development Corporation (MIDC), while the rest were managed by the Maharashtra Airport Development Corporation (MADC).
Fadnavis also shared the government's plan to construct one helipad in each taluka (tehsil) and has formed a committee to assess the technical feasibility of suitable locations. The committee will visit all talukas to ensure sufficient space for helicopter take-offs.
See also: Fairfax India boosts stake in BIAL, Bengaluru airport Karnataka government to control and run new minor airports
Next Story
3i Infotech Reports Rs 7.25 Bn Revenue for FY25
3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..
Next Story
Emerald Finance Joins Baya PTE to Boost SME Bill Discounting
Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..
Next Story
BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25
BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..