Adani to Invest Rs. 23,200 Cr in Ahmedabad, Mangaluru Airports
Adani Airport Holdings Limited (AAHL), a fully-owned subsidiary of Adani Enterprises Limited (AEL), will invest Rs. 23,200 crore for the expansion of Ahmedabad and Mangaluru airports.
Apart from expansion, Adani Airport Holdings also targets making both these airport facilities carbon net-zero with this investment.
Adani’s Expansion of Sardar Vallabhbhai Patel International Airport
AAHL will invest Rs. 18,000 crore to enhance the passenger-handling capacity and the cargo capacity of Sardar Vallabhbhai Patel International Airport in Ahmedabad through its subsidiary, Ahmedabad International Airport (AIAL). Currently, AIAL is in the process of obtaining environmental clearance for this project.
The passenger handling capacity will be increased to 40.33 million passengers per annum. For this purpose, a New Integrated Terminal Building (NITB) will be constructed with a built-up area of about 4,00,000 sq.m.
Connectivity to the new Integrated Terminal building will be ensured by an adjacent Multi‐Modal Transport Hub (MMTH). This will include metro connectivity, multi-level car parking, city side check‐in and self‐bag drop (SBD) facility, and an airport plaza area for passengers / visitors arriving early at the airport. All these components of the transport hub will be connected to the main levels of the integrated terminal building.
A cargo complex will be developed over an area of 5.7 hectares to increase the cargo handling capacity of the airport to 1 Million Tonnes Per Annum (MTPA).
Expansion of Mangaluru International Airport
The Mangaluru International Airport (MIAL), a subsidiary of AAHL, will spend Rs. 5,200 crore to increase the passenger handling capacity of Mangaluru International Airport to 22.5 million passengers per annum, and cargo capacity to 0.12 MTPA.
This will be done by developing two integrated terminal buildings, which include an expansion of the existing terminal, and a new terminal building.
A 48,600 sq.m cargo complex will also be developed as a part of Mangaluru airport expansion.
About Adani Airport Holdings Limited: AAHL is an Ahmedabad-based subsidiary of Adani Enterprises Limited, and was founded on 2nd August 2019. In 2019, the company won the contract to operate, manage and develop six State-owned airports on a 50-year lease. Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram are the airports that were secured by AAHL after Airports Authority of India came out with tenders for the same.