Adani Airports to invest 100 billion in airport business post bidding win

12 Aug 2019 CW Team

The frontrunner of Adani Group, Adani Enterprises (AEL), has committed a hefty investment of Rs 100 billion in the airport business through its subsidiary Adani Airports by 2026.

Recently, Adani Airports won a bid for six airports as a part of the government’s privatisation initiative, where bidders were invited to handle the operations and maintenance of the following airports – Ahmedabad, Jaipur, Lucknow, Thiruvananthapuram, Mangaluru and Guwahati.

Reportedly, the company will make an upfront payment of Rs 36 billion and about Rs 60 billion as capital expenditure over a period of seven years. It is estimated that three airports will start generating profits from April 2020.

After the Cabinet approval, the Airports Authority of India (AAI) issued letters of award to the conglomerate for the Ahmedabad, Lucknow and Mangaluru airports.

However, the government has yet to take a call about Thiruvananthapuram airport. The Chief Minister of Kerala has requested that the airport not be privatised and be handed over to the state government for its operation, instead.

As far as the Jaipur and Guwahati airports are concerned, the government sited legal issues as reasons for the delay and reaffirmed that they were almost resolved and a decision would be taken soon.

The AAI will nonetheless, still be in charge of the statutory functions of providing communication navigation surveillance and air traffic management services among other things.

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..