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Adani plans ₹35,000 crore more capex in Navi Mumbai airport by FY30

Project gets interim tariff nod from Airports Economic Regulatory Authority

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Earnings by the airport operator under this ad-hoc order will be taken into account when the full tariff order is issued for the first control period.

Deepak Patel New Delhi

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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