The company aims to increase its passenger handling capacity three-fold to 240-250 million and intends to continue participating in the government’s airport privatization drive.
Adani’s benchmarks for the demerger include reducing dependency on aeronautical revenues and increasing income from non-aeronautical sources, such as city-side projects.
The group is currently developing an airport project in Navi Mumbai, which is expected to be completed by December this year.
Adani Airports also controls airports in Thiruvananthapuram, Mangaluru, Ahmedabad, Jaipur, Guwahati, and Lucknow.
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