Nashik Airport To Get Rs 5.72 Billion (bn) Upgrade Ahead Of Kumbh
Noida International Airport Set For Major Expansion
The completion of phase one at Noida International Airport marks a significant milestone in regional aviation infrastructure development and sets the site on course for a major expansion programme. Located in Noida, Uttar Pradesh, the airport has established an initial operational footprint that is intended to support growing passenger and cargo demand in the National Capital Region. Government bodies and project stakeholders have indicated that subsequent phases will be prioritised to build on the foundations laid in the initial stage. The phase one works have provided basic operational capab..
Maharashtra Cabinet Approves Rs 60 Billion Loan For Purandar Airport
The Maharashtra cabinet has approved a proposal to raise a loan of Rs 6,000 crore to finance the Purandar airport project. The decision authorises the state government to secure long term funding to support construction and related infrastructure for the airport near Pune. Officials indicated the measure is intended to accelerate development and strengthen regional connectivity by creating additional aviation capacity. The approval sets the financial framework for the next phase of project planning and implementation. The loan amount of Rs 6,000 crore is equivalent to Rs 60 billion (Rs 60 bn) ..
Adani Airport Holdings To Raise Rs 15 Billion Through Three Year Bonds
Adani Airport Holdings has announced plans to raise Rs 15 bn (15,000 mn) through a three-year bond issue to fund operations at six airports. The proposed private placement aims to bolster the company’s short-term funding and support capital expenditure requirements across the airport portfolio. The bond programme is structured as a single tranche with a three-year tenor. The company positioned the issuance to address near-term cash flow timing differences across its airport operations. The company intends the proceeds to be deployed across the six airports to meet maintenance, operational an..

