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Home»Business»Third phase of Navi Mumbai airport may see close to Rs 30,000-crore investment | Business News
Business

Third phase of Navi Mumbai airport may see close to Rs 30,000-crore investment | Business News

August 8, 2025No Comments4 Mins Read
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Once the third phase is completed, the airport will have the capacity to handle 50 million passengers per annum.
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Whereas the primary and second part of the Navi Mumbai Worldwide Airport (NMIA), which incorporates the event of Terminal 1 and a runway, and shall be inaugurated in September this 12 months, has been constructed at a capital funding of Rs 20,000 crore, the Adani Group will incur an funding of a further Rs 30,000 crore within the third part, which can see the event of Terminal 2 by 2029, mentioned a senior official of Adani Airport Holdings Ltd (AAHL).

Within the preliminary part, the upcoming greenfield facility shall be geared up to cater to twenty million passengers every year (MPPA). Within the first part, a cargo terminal can also be arising, which is prone to be operational in 2026. As soon as the third part is accomplished, the airport may have the capability to deal with 50 million passengers every year.

Having incurred Rs 20,000 crore in part one and two of the airport, the corporate has additionally created the enabling work for the development of part three of the airport, AAHL Chief Monetary Officer (Airport Enterprise) Arun Bansal mentioned. The third part will embody development of a second terminal together with a second runway.

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The corporate hopes to align the groundbreaking ceremony for the third part of the airport with the inauguration of the primary two phases, which is anticipated to happen by the top of subsequent month, he mentioned.

“As of now the designing of part three is on and we imagine it (part three) shall be a Rs 30,000-crore mission. Moreover Terminal 2 and a second runway, it would additionally will embody APMs (automated individuals movers) and Metro works,” Bansal mentioned.

The development work for part three will start within the subsequent six-nine months, and shall be accomplished in three-and-half years, he mentioned.

As soon as all 5 phases of the mega airport mission are accomplished, the second airport within the Mumbai Metropolitan Area may have a capability to deal with 90 million passengers every year with two runways and 4 terminals, as per Navi Mumbai Worldwide Airport Ltd (NMIAL).

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NMIAL is the particular goal automobile set as much as develop and function the greenfield worldwide airport in Navi Mumbai, with Adani Group holding 74 per cent fairness and Metropolis and Industrial Improvement Company (CIDCO) holding the remaining 26 per cent stake within the entity.

Bansal mentioned the airport is prone to get the aerodrome licence by the top of this month, which can pave the best way for the ability to start out operations. “We filed our utility lengthy again. The Directorate Normal of Civil Aviation (DGCA) has already executed the inspection round 15-20 days again. They may come again as soon as once more. So, we predict to get the licence by the top of this month,” he mentioned.

Just lately, two airways IndiGo and Akasa Air introduced a tie-up with Adani Airport Holdings to function flights from Navi Mumbai airport as soon as industrial operations begin. The corporate is within the superior levels of debate with different home and worldwide carriers to start out their flight operations from the airport, Bansal mentioned.

Moreover the upcoming Navi Mumbai airport, Adani Group can also be the proprietor and operator of the present Mumbai Worldwide Airport in a 74:26 partnership with the Airports Authority of India.

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When requested in regards to the timeline for the whole closure of T1 (Terminal 1) of Mumbai airport, Bansal mentioned it would coincide with the opening of Terminal 2 at Navi Mumbai airport, which is anticipated to happen round mid-2029.

Part of T1, he mentioned, is already closed attributable to structural points.

Mumbai Worldwide Airport has two terminals, T1 and T2, with a single crossing runway. T1 caters to home passengers whereas T2 handles each home and worldwide passengers.

The brand new airport in Navi Mumbai will decongest the present Chhatrapati Shivaji Maharaj Worldwide Airport. Final December, the brand new airport’s runway was examined for dealing with industrial flights with an IndiGo plane touchdown efficiently on runway 26/08.

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A month earlier than that the personal airport operator together with the AAI efficiently performed the flight calibration of the airport’s Instrument Touchdown System (ILS). In October 2024, an Indian Air Power airplane did a take a look at touchdown on considered one of its runways.



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