Adani Group to Invest ₹30,000 Crore for Further Navi Mumbai Airport Expansion

The Adani Group will put in an additional ₹30,000 crore for the Navi Mumbai International Airport. The airport’s first phase will be inaugurated by Prime Minister Narendra Modi this week. As per the news reports, the group has already invested about ₹20,000 crore in the project.

Expansion Plans

Work has begun on the design of the second terminal, which is expected to be ready by 2029. The next phase will be funded through a mix of debt and equity. The Maharashtra government owns 26% of the project, while the rest is with the Adani Group.

Capacity Targets

When complete, the airport will be able to handle 90 million passengers a year. In the first phase, it will operate a single runway and handle 20 million passengers annually. Aircraft movements during this stage are expected to be 20 to 23 per hour.

Akasa Air, IndiGo, and Air India have agreed to operate from the new airport. Their services will cover most of the passenger capacity available in the initial phase.

Connectivity Links

The Atal Setu has reduced travel time between South Mumbai and Navi Mumbai to about 20 minutes. Future connectivity plans include metro extensions and the proposed Mumbai-Hyderabad high-speed rail line, which will pass close to the airport.

Cargo and Maintenance

The second phase will add a cargo terminal with the ability to handle 3.8 million tonnes of goods per year. It will also include a maintenance, repair and overhaul facility with five hangars.

The airport site covers 1,160 hectares and will eventually have four terminals connected by automated systems. Once fully operational, capacity may go up to 100 million passengers per year.

Read More: Adani Group Plans to Invest ₹30,000 Crore to Expand its Port Business! 

Conclusion

The Navi Mumbai airport is being developed in phases, with the first stage opening this year and further expansion planned through 2029.

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