Delhi International Airport to raise funds up to Rs 16 bn via debentures

11 Oct 2022 CW Team

In order to finance the remaining capital expenses for capacity development by September 2023, Delhi International Airport (DIAL), a GMR group subsidiary, will issue up to Rs 16 billion through debentures. The project cost had been incurred as of the end of August 2022, totaling Rs. 77.65 billion.

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.

Also read:
Five Infrastructure Initiatives to Boost Access to Navi Mumbai Airport
Airlines to avail up to Rs 15 bn loan under ECLGS

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..