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Airports Authority of India plans more than Rs 5000 crore capital expenditure for current fiscal

Airports Authority of India plans more than Rs 5000 crore capital expenditure for current fiscal

The Airports Authority of India (AAI) has planned a capital expenditure (capex) of more than Rs 5,000 crore for the current financial year, a top government official told this newspaper. The total outlay could exceed the last year’s capex of Rs 5,125 crore, he said,

We will use the funds for the two Greenfield airports currently being constructed by the AAI- Hirasar, Rajkot and Dholera in Gujarat. We expect the Rajkot project will complete by December 2023, while the one in Dholera will be done by 2025,”.

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