Adani is planning to raise £ 30,000 crore for Terminal 2 from Navi Mumbai Airport

Copyright © HT Digital Streams Limit all rights reserved. Abhishek Law 3 min Read 8 Oct 2025, 05:20 IST prime minister Narendra Modi on Wednesday ineviewed the first terminal of Navi Mumbai International Airport. (Mint) Summary The second terminal at Navi Mumbai airport will open in 2029. The financing involves discussions with Indian and Japanese banks, mainly through debt, with stock -infusion plans. New Delhi/Mumbai: The brand new airport of the Adani group in Navi Mumbai is not even operational, but the conglomerate is already going to raise money for its second terminal, which is expected to start functioning four years from now. The group plans to raise £ 30,000 crore to build the second terminal and started with the Indian and Japanese banks, as well as the Singapore government investment business, themes. Prime Minister Narendra Modi inaugurated the first terminal of Navi Mumbai International Airport on Wednesday. Adani Airport Holdings Ltd (AAHL), a unit of the Ahmedabad-based conglomerate, will mainly increase debt, with some stock infusion by the promoters, two people who are aware of the financing plan said. About £ 10,000 crore ($ 1.2 billion) is expected to be locked up within the next six months and the rest in the next 12-18 months. Apart from Indian banks led by the State Bank of India, the group is talking to at least two Japanese financiers – Mitsubishi UFJ Financial Group (MUFG) and Mizuho Financial Group, one person said. “This is debt, and mostly a mix of Indian and Japanese banks we are looking at, apart from the share in promoters. Terminal 1 of Navi Mumbai Airport is built at a cost of £ 19,464 crore – mostly debt – and can handle 20 million passengers per year. of 400,000 square meter spread compared to the 234,000 square meters 1. The second terminal is expected to be in operation by 2029. List it operates eight airports in India, including the Conglomerate in Navi Mumbai. of the consortium of banks that previously borrowed to AAHL. Group has reportedly financed Adani units involved in ports and airports. of the entire amount. March 2025 just less than half of the Adani group’s debt. -Airport is going to be an income of 27% to £ 8,062 in FY25. Mint News -AFAF Mode to get daily market updates and live business news.