The Adani Group will invest ₹34,802 crore more as capital expenditure by 2029-30 (FY30) in Navi Mumbai International Airport Pvt Ltd (NMIAL), according to its recent submission to the Airports Economic Regulatory Authority (Aera). This is on top of the ₹22,531 crore ongoing investment in its first two phases.
Following the latest filing, which was reviewed by Business Standard, Aera issued an ad-hoc tariff order, dated June 20, for the airport.
The group intends to develop two passenger terminals, dual runways, a multi-modal transport hub, cargo terminals, and metro connectivity as part of the first three of five development phases