Delhi International Airport submits ₹5,625 crore capital expenditure plan to AERA for FY29, aiming for full international capacity utilization by FY26. Delhi International Airport Limited (DIAL) has outlined an ambitious capital expenditure (capex) plan of ₹5,625 crore for the fourth control period (CP4), spanning fiscal years 2025 to 2029 (FY25-FY29). This strategic initiative aims to enhance the airport’s infrastructure and capacity to accommodate the anticipated surge in passenger traffic.
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Key Components of the Capex Plan:
- Terminal Expansion: DIAL has recently completed the Phase 3A expansion, which increased the airport’s capacity from 66 million to 100 million passengers annually. This expansion included the addition of a fourth runway, making Indira Gandhi International Airport the only airport in India with four operational runways. The new domestic terminal is expected to be fully operational by July 2025. economictimes.indiatimes.com
- Runway Capacity Enhancement: The airport currently has a peak runway capacity of 84 aircraft movements per hour. DIAL is collaborating with air traffic control and consultants to increase this capacity to 110 movements per hour over the next three years, adding approximately 500-600 slots per day to accommodate increased air traffic. economictimes.indiatimes.com
Infrastructure Upgrades: The capex plan includes significant investments in upgrading existing infrastructure to improve operational efficiency and passenger experience. This encompasses enhancements to baggage handling systems, security infrastructure, and passenger amenities.
Financial Strategy:
To support this extensive capex plan, DIAL maintains a robust liquidity position, with ₹635 crore in free cash and bank balances, in addition to ₹1,022 crore earmarked specifically for ongoing capital expenditures as of June 30, 2024. The company also has access to unutilized fund-based working capital limits of around ₹300 crore, providing financial flexibility for its expansion initiatives.
Anticipated Outcomes:
The successful implementation of this capex plan is expected to position Indira Gandhi International Airport as a leading aviation hub in South Asia, capable of handling increased passenger and cargo volumes efficiently. The infrastructure enhancements are also anticipated to improve the overall passenger experience, reduce congestion, and support the growth of both domestic and international air travel in and out of Delhi.
This strategic investment aligns with the broader trend of significant capital expenditures by Indian airports, which are projected to incur a cumulative capex of over ₹60,000 crore between fiscals 2025 and 2027 to add requisite infrastructure for 65 million additional passengers per annum.
economictimes.indiatimes.com
In summary, DIAL’s ₹5,625 crore capex plan through FY29 underscores its commitment to expanding capacity and enhancing infrastructure to meet the growing demands of air travel, thereby reinforcing its status as a pivotal aviation hub in the region.
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