AAHL bags $250 mn from SCB, Barclays Bank for airport development

10 May 2022 CW Team

The funding enables a scalable capital solution with the flexibility to tap global capital markets with AAHL's vision of providing a transformational airport infrastructure platform.

The spokesperson of AAHL said that the company aims to deliver high-quality infrastructure access to the consumers through physical and digital channels.

He added that the first phase is now set in motion with the funding of AAHL, Mumbai International Airport Limited (MIAL) and Navi Mumbai International Airport Limited (NMIAL). The company will now focus on expanding the airport business into one of the largest airport platforms globally.

MIAL placed a $750 million private placement to Apollo and a $1.74 billion financial closure for NMIAL from the domestic banking system. AAHL has tapped three different pools of the capital of $2.74 billion.

AAHL is now ready for the next phase of its capital management plan, including tapping the public capital markets and construction facilities to enable access to long term capital sources for infrastructure development.

AAHL controls 50% of the top 10 domestic routes, 23% of the Indian air traffic, and 30% of India's air cargo.

AAHL airports carry around 200 million consumers, including passengers and non-passengers.

AAHL is committed to UN Sustainability Development Goals (SDGs), focusing on affordable and clean energy, sustainable cities and communities, and climate action through several initiatives, including solar energy installation projects, electric vehicle usage, green buildings, and conversion to LED lamps, etc.

Image Source

Also read: Adani Group concludes financing for Navi Mumbai airport project

Adani Airport Holdings Limited (AAHL) has announced a successful closure of a $250 million funding round and secured three-year external commercial borrowing (ECB) facility from a consortium of Standard Chartered Bank (SCB) and Barclays Bank PLC. The company has an option to raise another $200 million. The funding enables a scalable capital solution with the flexibility to tap global capital markets with AAHL's vision of providing a transformational airport infrastructure platform. The spokesperson of AAHL said that the company aims to deliver high-quality infrastructure access to the consumers through physical and digital channels. He added that the first phase is now set in motion with the funding of AAHL, Mumbai International Airport Limited (MIAL) and Navi Mumbai International Airport Limited (NMIAL). The company will now focus on expanding the airport business into one of the largest airport platforms globally. MIAL placed a $750 million private placement to Apollo and a $1.74 billion financial closure for NMIAL from the domestic banking system. AAHL has tapped three different pools of the capital of $2.74 billion. AAHL is now ready for the next phase of its capital management plan, including tapping the public capital markets and construction facilities to enable access to long term capital sources for infrastructure development. AAHL controls 50% of the top 10 domestic routes, 23% of the Indian air traffic, and 30% of India's air cargo. AAHL airports carry around 200 million consumers, including passengers and non-passengers. AAHL is committed to UN Sustainability Development Goals (SDGs), focusing on affordable and clean energy, sustainable cities and communities, and climate action through several initiatives, including solar energy installation projects, electric vehicle usage, green buildings, and conversion to LED lamps, etc. Image Source Also read: Adani Group concludes financing for Navi Mumbai airport project

Infrastructure Energy

17 Sep 2025

Adani Power To Build 2,400 MW Plant in Bihar

Adani Power on Saturday (September 13, 2025) announced plans to set up a 2,400 MW ultra super-critical power plant in Bihar at an investment of $3 billion (around Rs 26.48 billion).The company has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd (BSPGCL) to supply electricity from the project, which will be located at Pirpainti in Bhagalpur district.The PSA follows a Letter of Award issued by BSPGCL to Adani Power on behalf of North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL) in August. Adani P..

Infrastructure Energy

17 Sep 2025

NTPC Plans Nuclear Power Projects Via JV and Standalone Routes

Power major NTPC is planning to develop nuclear power projects both through joint ventures and on a standalone basis, CMD Gurdeep Singh has said.The company is collaborating with nuclear technology providers and state governments to explore individual nuclear projects, Singh added.Currently, the NTPC Group has an installed capacity of 82,926 MW across 53 NTPC-owned stations and 53 joint venture or subsidiary stations, drawing power from coal, liquid fuel, hydro, and solar sources.In December 2024, Singh had announced NTPC’s ambitious plan to enter the nuclear energy sector, a move expected t..

Infrastructure Transport

17 Sep 2025

RVNL Wins $21.6 Million Bhopal Division Traction Substation

Rail Vikas Nigam (RVNL) has been declared the lowest bidder for a $21.6 million traction substation contract awarded by the West Central Railway.The project covers the design, modification, supply, erection, testing, and commissioning of a 220/132kV/2×25kV Scott-connected traction substation, switching posts, Auto-Transformer installations, and Supervisory Control and Data Acquisition (SCADA) systems in the Bina–RTA section of the Bhopal Division. The execution period is set at 540 days.In a regulatory filing, RVNL stated that the order was secured in the ordinary course of business and doe..