Navi Mumbai Airport Phase 3 to Cost Rs 300 Billion

12 Aug 2025 CW Team

In its initial phase, the greenfield facility will be equipped to handle 20 million passengers per annum (MPPA). A cargo terminal, expected to become operational in 2026, is also part of this stage. On completion of the third phase, NMIA will have capacity for 50 MPPA.

AAHL Chief Financial Officer (Airport Business) Arun Bansal said enabling works for Phase 3 have already been carried out alongside the earlier phases. The upcoming stage will include Terminal 2, a second runway, automated people movers, and metro connectivity. Construction is set to begin within six to nine months of the inauguration of Phases 1 and 2 and is expected to take three and a half years.

Once all five phases are completed, NMIA will feature two runways, four terminals, and the capacity to handle 90 MPPA, according to Navi Mumbai International Airport Ltd (NMIAL), the special purpose vehicle developing and operating the airport. Adani Group holds a 74 per cent stake in NMIAL, while the City and Industrial Development Corporation (CIDCO) owns the remaining 26 per cent.

Bansal said the aerodrome licence is expected from the Directorate General of Civil Aviation (DGCA) by the end of this month, following recent inspections. Commercial operations will begin with both domestic and international flights, with IndiGo and Akasa Air already committed. Discussions are underway with other carriers to join.

Adani Group also owns and operates Mumbai International Airport in a 74:26 partnership with the Airports Authority of India. Terminal 1 of Mumbai airport will be fully closed in mid-2029, coinciding with the opening of NMIA’s Terminal 2, to avoid congestion at T2.

NMIA’s runway was successfully tested last December with an IndiGo aircraft landing on runway 26/08, following calibration of the Instrument Landing System in November and a test landing by the Indian Air Force in October 2024.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

The first and second phases of Navi Mumbai International Airport (NMIA) — comprising Terminal 1 and a runway — will be inaugurated in September this year, built with a capital investment of Rs 200 billion. The Adani Group will invest an additional Rs 300 billion in the airport’s third phase, which will see the construction of Terminal 2 and a second runway by 2029, according to Adani Airports Holdings Ltd (AAHL).In its initial phase, the greenfield facility will be equipped to handle 20 million passengers per annum (MPPA). A cargo terminal, expected to become operational in 2026, is also part of this stage. On completion of the third phase, NMIA will have capacity for 50 MPPA.AAHL Chief Financial Officer (Airport Business) Arun Bansal said enabling works for Phase 3 have already been carried out alongside the earlier phases. The upcoming stage will include Terminal 2, a second runway, automated people movers, and metro connectivity. Construction is set to begin within six to nine months of the inauguration of Phases 1 and 2 and is expected to take three and a half years.Once all five phases are completed, NMIA will feature two runways, four terminals, and the capacity to handle 90 MPPA, according to Navi Mumbai International Airport Ltd (NMIAL), the special purpose vehicle developing and operating the airport. Adani Group holds a 74 per cent stake in NMIAL, while the City and Industrial Development Corporation (CIDCO) owns the remaining 26 per cent.Bansal said the aerodrome licence is expected from the Directorate General of Civil Aviation (DGCA) by the end of this month, following recent inspections. Commercial operations will begin with both domestic and international flights, with IndiGo and Akasa Air already committed. Discussions are underway with other carriers to join.Adani Group also owns and operates Mumbai International Airport in a 74:26 partnership with the Airports Authority of India. Terminal 1 of Mumbai airport will be fully closed in mid-2029, coinciding with the opening of NMIA’s Terminal 2, to avoid congestion at T2.NMIA’s runway was successfully tested last December with an IndiGo aircraft landing on runway 26/08, following calibration of the Instrument Landing System in November and a test landing by the Indian Air Force in October 2024.

Infrastructure Transport

02 Sep 2025

AXISCADES Secures USD 1.2 Mn Orders in Aircraft Interiors

AXISCADES Technologies Ltd, a leading technology solutions company serving the aerospace and defence sectors, has announced two significant pilot orders worth USD 1.2 million in the aircraft cabin interiors segment. The orders have been awarded by a global aerospace original equipment manufacturer (OEM) and a renowned aircraft cabin interior company headquartered in Europe and the USA.These contracts mark AXISCADES’ strategic expansion into the design, development, and retrofit of aircraft interiors, a high-growth area driven by increasing demand for cabin modernisation and enhanced passenge..

Infrastructure Urban

02 Sep 2025

Fortis Leases 200-Bed Hospital in Greater Noida

Fortis Healthcare Ltd has announced that its wholly owned subsidiary, International Hospital Ltd (IHL), has entered into a 15-year lease agreement with RR Lifesciences Ltd for a 200-bed operational multi-specialty hospital in Greater Noida. Previously managed by Fortis under an operations and management (O&M) arrangement since October 2022, the facility will now function as Fortis Hospital Greater Noida under the company’s direct operational and financial control.The hospital, located on a 1.35-acre UPSIDA-leased land parcel with a built-up area of 270,000 sq. ft., has scope for expandin..

Infrastructure Urban

02 Sep 2025

Syrma SGS, Elemaster Launch JV for Rail, Medtech Electronics

Syrma SGS Technology Ltd, a prominent Indian electronics systems design and manufacturing company, has entered into a joint venture with Italy-based Elemaster S.p.A Tecnologie Elettroniche, a global leader in electronics design and manufacturing. The JV will operate under Syrma SGS Design and Manufacturing Pvt Ltd, soon to be renamed Syrma SGS Elemaster Pvt Ltd.This strategic partnership aims to establish a dedicated India-focused platform serving high-reliability sectors such as railways, industrial electronics, and medical technology. The initial manufacturing unit will be located in Bommasa..