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

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

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. 

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. 

Next Story
Infrastructure Transport

JNPA Becomes First Indian Port to Cross 10 Million TEU Capacity

The Jawaharlal Nehru Port Authority (JNPA), located at Uran in Navi Mumbai, has become the first port in India to achieve over 10 million TEUs (twenty-foot equivalent units) in container handling capacity.With the recent expansion, the port now operates five container terminals with a combined capacity of 10.4 million TEUs, alongside two liquid and two general cargo terminals.Handling more than half of India’s container traffic, JNPA processed 7.05 million TEUs in 2024 and has moved 15.39 million tonnes of containers and 16.64 million tonnes of total cargo in the first two months of FY 2025â..

Next Story
Infrastructure Transport

Nod for Rs. 36.26 billion Expansion of Pune Metro Line 2

The Union Cabinet has approved the Rs.36.26 billion expansion of Pune Metro Line 2, adding 12.75 km of track and 13 new stations to improve east–west connectivity across the city.The project aims to link Pune’s urban core with rapidly growing suburbs, supporting the city’s rising demand for efficient and sustainable transport solutions. This expansion is part of Corridor 2 of the Pune Metro and includes two key routes: Vanaz to Chandani Chowk (Corridor 2A) and Ramwadi to Wagholi/Vitthalwadi (Corridor 2B).It will connect residential, IT, and educational hubs in areas such as Bavdhan, Koth..

Next Story
Infrastructure Transport

Assembly begins for ‘Nayak’ TBM on Thane– Borivali Twin Tunnel Project

The assembly of ‘Nayak’, the first of four Tunnel Boring Machines (TBMs) for the Thane–Borivali Twin Tube Tunnel Project, has commenced at the Thane site. Built by German firm Herrenknecht AG and deployed by Megha Engineering & Infrastructure (MEIL), the TBM marks a key milestone in Mumbai’s ambitious 11.8-km underground road corridor beneath Sanjay Gandhi National Park.The twin tunnels will reduce the Thane–Borivali travel distance by 12 km and decongest Thane Ghodbunder Road. ‘Nayak’, with a 13.2-metre diameter, is designed to bore through challenging geological conditions ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?