The country's largest airport manager Airports Authority of India (AAI) may raise Rs 2,000 crore through debt in the current fiscal to fund the ongoing airport upgrade and modernisation in various cities.
“We are currently drawing up projections to raise Rs 2,000 crore through debt in 2009-10,” said a senior AAI official, who did not wish to be identified. The money could be raised through interest-free bonds, if the government so allows, he said.