The Adani group will invest Rs 10,700 crore into Lucknow airport’s expansion so that its annual passenger handling capacity zooms from 4 million passengers per annum (MPPA) to 39 MPPA.
The airport’s expansion plan received clearance from the Union environment ministry on December 15. However, the plan submitted to the ministry did not mention the deadline for the expansion. Business Standard has reviewed the plan and the clearance.
According to earlier reports, the Adani group would invest about Rs 10,000 crore in the Ahmedabad airport between 2023 and 2027 to triple its passenger handling capacity, making it a regional hub.