The Adani group is planning to invest ₹60,000 crore in its seven existing airports over the next five to 10 years to enhance their capacity and revenue-generating potential.
Adani Airports Holdings (AAHL) Chief Executive Officer Arun Bansal said ₹30,000 crore will be spent on the 'airside' in the next five years, while another ₹30,000 crore will be allocated to the 'cityside' in the next five to 10 years at its seven existing airports: Mumbai, Ahmedabad, Lucknow, Mangaluru, Guwahati, Jaipur, and Thiruvananthapuram.
The capital expenditure (capex) of ₹60,000 crore does not include the ₹18,000 crore allocated for the Phase-I development of the Navi Mumbai airport, scheduled to commence operations by March 2025, clarified Bansal.
'Airside' refers to the secure area of the airport accessible only to passengers with boarding passes, while 'cityside' or 'landside' is the public area of the airport accessible to anyone.
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