Adani qualified in Airport bidding process; not you: Aviation Minister to Kerala govt

Agencies
August 20, 2020

New Delhi, Aug 20: The Kerala government did not qualify in Thiruvananthapuram airport's bidding process that was carried out in a transparent manner, Civil Aviation Minister Hardeep Singh Puri said on Thursday.

The Kerala government has opposed the Union Cabinet's approval on Wednesday to lease out the Thiruvananthapuram airport to Adani Enterprises through public private partnership (PPP) for a period of 50 years.

Talking about the airport's 2019 privatisation process on Twitter, Puri said, "Winning bid quoted Rs 168 per passenger, KSIDC (Kerala State Industrial Development Corporation) quoted Rs 135 per passenger and third qualifying bidder was at Rs 63 per passenger."

Per passenger fee was the criteria for the bidding process that was conducted in early 2019 for six airports - Lucknow, Ahmedabad, Mangalore, Jaipur, Guwahati and Thiruvananthapuram. Adani Enterprises turned out to be the highest bidder for these six airports.

Before the bidding process, the Centre and the Kerala government had agreed that if the KSIDC's bid comes within the 10 per cent range of the winning bid, it would be awarded the airport, Puri said.

However, since the difference between Adani's bid and KSIDC's bid was 19.64 per cent during the bidding process, the former was qualified as the winner.

"Thus, despite special provision of RoFR (right of first refusal) being given to GoK (government of Kerala), they could not qualify in the international bidding process carried out in a transparent manner," Puri stated.

The Kerala government on Thursday called an all-party-meeting to discuss and protest against the Centre''s decision to hand over of the management and operation of the Thiruvananthapuram airport to the Adani group.

"Thiruvananthapuram airport privatised to Adani rejecting the claim of Kerala govt, even after offer to match Adani's rate. PMO's promise to accept Kerala proposal broken. People of Kerala will not accept this act of brazen cronyism. #Airportprivatisation," State Finance Minister Dr Thomas Isaac tweeted on Thursday.

In February 2019, Adani Enterprises was declared the winner for all six airports as it was the highest bidder. In July 2019, the Union Cabinet approved the proposal for leasing out three of them - Ahmedabad, Mangalore and Lucknow - to the Ahmedabad-based company.

Eight months after the Cabinet approval, Adani Enterprises signed the concessionaire agreement with the Airports Authority of India (AAI) on February 14 this year for operation, management and development of these three airports.

In June this year, the AAI gave three more months to the Ahmedabad-based company to take over the management of these three airports due to the COVID-19 situation. This means the deadline for takeover has been pushed from August 12 to November 12.

Comments

Shanu
 - 
Thursday, 20 Aug 2020

Gujrat is worlds hafta collection point since MODI came to power. every contract every tender order all going to GUJRAT....we also need same gujrat model here in karnataka....
When we have top most technology and experts here in bangalur and mangolore why everything going to GUJJUs..
Guys right time to stay awake....

shanu
 - 
Thursday, 20 Aug 2020

Gujrat is worlds hafta collection point since MODI came to power. every contract every tender order all going to GUJRAT....we also need same gujrat model here in karnataka....
When we have top most technology and experts here in bangalur and mangolore why everything going to GUJJUs..
Guys right time to stay awake....

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News Network
November 28,2024

Mangaluru: In a heartbreaking incident, three first-year nursing students drowned in the Phalguni River near Barkaje dam, within the Venoor police station limits, on Wednesday evening.

Preliminary reports identify the deceased as Lawrence from Moodbidri, Suraj from Belthangady, and Jaison from Vagga in Bantwal.

According to police sources, the tragedy occurred around 5:30 PM. The group of friends had gathered at a friend's house to celebrate a church feast. After lunch, five of them decided to visit the river near the dam for a swim.

While in the water, two of the students were caught in the strong current. Jaison, attempting to rescue them, was also swept away. Fire and emergency services personnel, along with the police, rushed to the scene and retrieved the bodies.

This tragic event has left the community in deep sorrow.

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News Network
November 21,2024

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After the US prosecutors charged Gautam Adani with bribery and fraud, Congress reiterated its call for a Joint Parliamentary Committee (JPC) probe into the transactions of the Adani group, and hit out at Prime Minister Narendra Modi, alleging an "internal nexus" between him and "his favourite businessman."

Senior Congress leader Jairam Ramesh said the indictment of Gautam Adani and others by the US Securities and Exchange Commission validates his party’s call for a Joint Parliamentary Committee investigation.

The Congress has been pushing for the probe since January 2023, raising concerns over alleged irregularities involving Adani and his business dealings, said Ramesh.

Ramesh referred to the party’s “Hum Adani ke Hain” series, where 100 questions were raised about the alleged scams and the links between Prime Minister Narendra Modi and Gautam Adani.
He noted that the questions remain unanswered, reiterating the need for accountability in the matter.

The US prosecutors have charged Adani with deceiving investors by concealing information about his firm's solar energy project in India, which allegedly involved bribery.

Adani has been charged with securities fraud and conspiracy, according to an indictment unsealed on Wednesday. The case focusses on an agreement between Adani Green Energy Ltd. and another organisation to supply 12 gigawatts of solar power to the Indian government.

'BETRAYAL OF INDIAN INVESTORS'

Congress leader Pawan Khera described the allegations against Gautam Adani and his conglomerate as a “betrayal of Indian investors.”

Taking to X, Khera outlined the US charges, including claims that Adani’s group bribed Indian government officials between 2020 and 2024 to secure contracts. Citing media reports, he also pointed out that Gautam Adani personally met a government official to advance the scheme.

Khera referred to a March 2024 incident where the Adani Group allegedly misled the Bombay Stock Exchange and the National Stock Exchange, calling it a “grave violation of investor trust.”

He further highlighted a March 2023 FBI raid on the premises of Sagar Adani, Gautam Adani’s nephew, where electronic devices were seized as part of the investigation.

'SEBI NOT ABLE TO PROVE ANY CHARGES AGAINST ADANI'

Shiv Sena (UBT) leader Priyanka Chaturvedi criticised central probe agencies following US charges against Gautam Adani and others in an alleged bribery case linked to solar energy contracts.

Chaturvedi raised concerns about corporate governance and regulatory oversight in the country. “They talk about corporate governance, responsibility, and accountability. The industrialists should be asked to follow the rules and regulations, but even the agencies were defending him. The SEBI has not yet been able to prove charges against him,” she said, pointing to what she viewed as failures in ensuring accountability.

'BROUGHT DISREPUTE TO INDIA'

On US charges against Gautam Adani, AAP leader Sanjay Singh called for a probe against the industrialist. He said that the probe should be conducted by an investigation agency under the Supreme Court.

"Adani Group has brought disrepute to India. This is a very serious matter. The PM of India should come forward and answer this. All the pending matters against Adani should be probed by an investigation agency under Supreme Court monitoring, and all the corruption done by him, within and outside the country, should come out before the country and action should be taken against him," he said.

BJP DFENDS

BJP IT cell chief Amit Malviya responded sharply to the Opposition’s criticism regarding allegations involving Adani Green Energy and US-based Azure Power. He pointed out that the charges in the indictment are only allegations and emphasised, “The defendants are presumed innocent unless and until proven guilty.”

Malviya argued that the crux of the case concerns agreements to supply 12 GW of power to the Solar Energy Corporation of India (SECI), contingent on SECI securing power purchase agreements with state electricity distribution companies (SDCs).

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News Network
November 26,2024

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Bengaluru: The Janata Dal (Secular) is grappling with its most tumultuous political crisis yet, with speculation rife about imminent defections among its lawmakers. This storm comes in the aftermath of party scion Nikhil Kumaraswamy's humiliating defeat in the Channapatna bypoll—his third consecutive electoral loss after setbacks in Mandya (2019) and Ramanagara (2023). With the regional party’s Assembly tally shrinking to 18 from 19, questions are being raised about its survival.

The murmurs of rebellion were amplified on Monday when Health Minister Dinesh Gundu Rao and Congress MLA CP Yogeshwar openly hinted at possible desertions within the JD(S) ranks. Yogeshwar, newly elected from Channapatna, declared he could orchestrate a migration of JD(S) MLAs to Congress. “I’ll meet them at the Belagavi session. Within a month, they’ll be in Congress,” he confidently stated during a televised interview. Yogeshwar has a history of engineering defections, having played a pivotal role in the collapse of the JD(S)-Congress coalition government in 2019 during his stint with the BJP.

Dinesh Gundu Rao, not mincing words, slammed the JD(S) leadership for fostering "self-serving politics," criticizing the HD Deve Gowda family for failing to nurture party talent. “There’s no trust. Their MLAs will seek survival—either in BJP or Congress,” he remarked.

Meanwhile, the expelled JD(S) state president CM Ibrahim added fuel to the fire by claiming that 12-13 MLAs are "disillusioned" with the current leadership. Speculations around senior JD(S) leader GT Deve Gowda joining Congress have also intensified. DK Shivakumar, Karnataka’s Deputy CM and Congress president, described GT Deve Gowda as a “valuable leader” who might be frustrated with the party’s internal dynamics.

While Congress leaders seem eager to poach JD(S) legislators, the BJP is not far behind in targeting the floundering party. The situation signals a decisive moment for the JD(S), as its survival now hinges on how it manages this brewing storm of discontent.

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