Delhi International Airport to raise funds up to Rs 16 bn via debentures
The anticipated NCDs (an alternative to lease finance loan), Real estate Security Deposits (RSDs), and cash on hand designated for the project are estimated to cover the project's outstanding cost of Rs 37.85 billion.
To enhance the passenger capacity to 100 million by September 2023, DIAL is now engaged in a significant capital expenditure (capex) initiative. Due to the COVID epidemic, the capex schedule was changed from June 2022 to September 2023.
Due to the considerable decrease in internal accruals caused by the Covid-19 disruptions in FY2021 and FY2022, the business issued bonds in March 2021 and June 2022 to generate extra debt.
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