Adani Airports Raises $750 Mn

Ahmedabad: Adani Airports Holdings Ltd (AAHL) on Wednesday said it has raised $750 million via External Commercial Borrowings (ECB) from a consortium of international banks.

According to India’s largest private airport operator and a subsidiary of Adani Enterprises Limited (AEL), the proceeds will be used to refinance existing $40 million debt, invest in infrastructure upgrades, and capacity expansion across the six airports — Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram — along with scaling the non-aeronautical businesses, including retail, F&B, Duty Free and services across the airport network.

“The trust placed in us by leading global financial institutions underscores the long-term value and potential of India’s aviation infrastructure. AAHL is well on its path to deliver exceptional customer experiences, leveraging technology for seamless operations, and prioritising sustainability and community engagement across its airport network,” said Arun Bansal, CEO of AAHL.

AAHL served 94 million passengers in FY 2024–25 with an overall capacity of 110 million passengers. It aims to triple capacity to 300 million passengers per annum by 2040 through phased development. With eight airports in its management and development portfolio, AAHL is India’s largest airport infrastructure company, accounting for 23 per cent of passenger footfalls and over 29 per cent of India’s air cargo traffic.