Adani Enterprises Ltd.

Navi Mumbai International Airport (NMIAL), a subsidiary of Adani Enterprises (AEL), has achieved Financial Closure for the greenfield international airport project at Navi Mumbai, Maharashtra (Project, ‘NMIA Project’) with the execution of financing documents with the State Bank of India (SBI). The SBI has underwritten the entire debt requirement of Rs 12,770 crore for the NMIA Project.

The achievement of financial closure signifies the commitment of the Adani Group to mobilise the required resources and complete, within the set timelines, the NMIA Project which was taken over pursuant to the acquisition of Mumbai International Airport (MIAL) by the Group through Adani Airport Holdings (AAHL), in July 2021.

Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.