Adani Airports Holdings Ltd (AAHL), a subsidiary of Adani Enterprises Ltd, has raised USD 750 million via External Commercial Borrowings (ECB) from a consortium of international banks led by First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank.
According to the media release submitted by Adani Enterprises on June 4, 2025, the funding will be used to refinance an existing USD 400 million debt, with the remainder earmarked for growth capital expenditure across six of its airports — Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram — and to scale up its non-aero businesses including retail, food & beverage, duty-free, and service offerings.
AAHL handled 94 million passengers in FY25 and operates with a total capacity of 110 million. The company aims to triple this to 300 million passengers annually by 2040. The Navi Mumbai International Airport, part of this roadmap, is expected to become operational shortly with an initial capacity of 20 million, expanding up to 90 million passengers per year in later phases.
AAHL CEO Arun Bansal said, “The trust placed in us by leading global financial institutions underscores the long-term value and potential of India’s aviation infrastructure.”
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