Adani Group Sets Sights On Phase-2 Expansion Of Navi Mumbai International Airport After Inauguration

The Adani Group is reportedly planning to invest an additional Rs 30,000 crore to expand the Navi Mumbai International Airport (NMIA), which is scheduled to begin operations this December, according to a Business Standard report.

The announcement comes ahead of the airport’s inauguration by Prime Minister Narendra Modi on 8 October.

The group has already invested approximately Rs 20,000 crore in developing India’s largest greenfield airport, with the first phase designed to operate a single runway handling 20 million passengers annually (mppa).

Airlines including Air India, IndiGo, and Akasa Air have already committed to operating from the new facility.

“The design work for the second-phase terminal has already begun, and we expect to commission it by 2029,” an Adani Airport executive was quoted as saying by Business Standard.

The expansion will reportedly be funded through a mix of debt and equity.

The Maharashtra government holds a 26 per cent stake in the project.

The second phase will add capacity for 30 million passengers, a major cargo terminal, and India’s largest maintenance, repair and overhaul (MRO) facility with five large hangars.

Once completed, the airport will handle 3.8 million tonnes of cargo annually, positioning Navi Mumbai as a central hub for freight and passenger operations.

Connectivity has been a focus, with the Atal Setu reducing travel time from South Mumbai to 20 minutes and future links planned via metro extensions and a proposed high-speed rail corridor between Mumbai and Hyderabad.

Spread across 1,160 hectares, the airport will eventually feature four terminals linked by automated people movers and underground fuel systems, with a projected capacity of up to 100 mppa.

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