Temasek, Alpha Wave eye $1.3bn in Adani Airports at $18bn valuation
Consortium led by Temasek and Alpha Wave Global is in talks to inject $1.3 billion into Adani Airport Holdings, which commands a 23% passenger share across eight Indian airports. Capital backs Rs 17,000 crore airport capex and city-side retail build-out at Mumbai and Navi Mumbai.
What happened
Adani Airport Holdings Limited · Temasek and Alpha Wave Global lead a consortium in talks to invest $1.3 billion in Adani Airport Holdings at an $18 billion
Key facts
- $1.3 billion investment
- $18 billion valuation
- Rs 1.51 lakh crore
- 23% passenger share
- Rs 40,000 crore FY27 capex
- Rs 17,000 crore airports capex
Why this matters
Temasek and Alpha Wave anchoring at this size signals a tradable benchmark for Indian airport-retail platforms and opens partnership lanes for global travel-retail brands seeking concession footprints.