Will bid for more airports in future, says Adani Group

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NEW DELHI: The Adani Group on Wednesday said that it will bid for more airports in future and there was no rethink on the investment plans submitted to the government — a statement seen to be aimed at dismissing talks of the conglomerate going slow in this business in the wake of recent controversy surrounding it.
“We have committed, submitted our plans to the government. Whatever plans we have submitted, we are following our investments… We are continuing with the plans we have submitted to the government. What we have submitted to the government is a public document,” Adani Airport Holdings CEO Arun Bansal said on the sidelines of a CAPA conference here on Wednesday.
A significant number of state-owned Airports Authority of India-run (AAI) airports are set to be given to private players for modernising, expanding and operating them for a pre-fixed number of years by 2025. Adani Group has made its intention clear of bidding for them to become the biggest private airport operator in terms of handling passenger movement.
At the moment, it is the largest in terms of number of airports — at seven — apart from building the upcoming Navi Mumbai hub. Adani Airports control nearly a quarter of India’s passenger traffic. Thanks to having Delhi’s IGIA — India’s busiest airport — in its fold, GMR Group handles the highest number of passengers. GMR has Hyderabad, Mopa and some upcoming airports in its portfolio.
The existing Mumbai Airport is running to capacity and all eyes are on the upcoming Navi Mumbai International Airport (NMIA) to cater to the megapolis’ growing air connectivity requirement. Bansal says NMIA is being developed with a capacity to handle 9 crore (both domestic plus international) passengers and 2.5 million tonne of cargo per annum.
“After completion of phase one in December 2024, the remaining phases will be implemented over the next 15 years subject to growing passenger volume and external connectivity. The commissioning of NMIA’s Terminal 1 will cater to 2 crore passengers annually along with 0.8 million tonnes of cargo handling capacity. The combined impact along with the existing airport under a single ownership structure will see the clawback of Mumbai as a significant national hub and a return of growth…. aid in further capacity and cross-leveraged development of other airports under the Adani portfolio,” he said. Adani is working on ensuring transportation between the upcoming Navi Mumbai Airport and Chatrapati Shivaji Mumbai International Airport so that they can operate as one airport with a five terminal ecosystem.
Bansal flagged city-side development as one of the focus areas given that on an average three people come to recieve or see off every passenger in India.
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New Delhi: PM Narendra Modi on Wednesday unveiled the The Call Before You Dig (CBuD) app, which is a tool envisaged for preventing damage to underlying assets like optical fibre cables, that occurs because of un-coordinated digging and excavation, leading to loss of thousands of crore every year. The mobile app CBuD will connect excavators and asset owners through SMS/email notifications and click to call so that there are planned excavations in the country, while ensuring the safety of underground assets.
CBuD, which illustrates the adoption of a ‘Whole-of-Government Approach’ in the country’s governance will benefit all stakeholders by improving the ease of doing business. It will save potential business loss and minimise discomfort to the citizens due to reduced disruption in essential services like road, telecom, water, gas and electricity.



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