Maharashtra may take back 5 airports leased to Anil Ambani’s Reliance Airport Development: Fadnavis
Deputy Chief Minister Devendra Fadnavis has said that the Maharashtra government is likely to take back the Latur, Osmanabad, Nanded, Yavatmal, and Baramati airports leased to the financially distressed Anil Ambani Group.
“Around 2009, some airports were given to Reliance for development for 30 years. However, due to the lack of progress in developing these airports, the state government is considering taking them back from the company. Works in Nanded and Latur airports have come to a complete halt,” Fadnavis told the State Assembly.
In 2009, Reliance Airport Development Limited emerged as the highest bidder, securing the project for all five airports with a bid of INR 63 crore in an auction by the government.
“We will seek the state advocate general’s opinion on whether we can take control again unilaterally,” Fadnavis added. The Anil Ambani-led company also failed to clear its dues, leading the state government to seek the opinion of the advocate general to speed up the resolution.
“Nanded, Latur airport works have come to a standstill. The company that was given the work hasn’t paid the dues. AG’s opinion will be taken and we will expedite this work. Navi Mumbai airport will become operational next year,” he tweeted.