New Delhi, Oct. 8 -- The Adani Group's brand-new airport in Navi Mumbai is not even operational but the conglomerate is already going about raising funds for its second terminal, which is expected to start functioning four years from now.

The group plans to raise Rs.30,000 crore to build the second terminal and has initiated discussions with Indian and Japanese banks as well as the Singapore government's investment company Temasek. Prime Minister Narendra Modi inaugurated the first terminal of Navi Mumbai International Airport on Wednesday.

Adani Airport Holdings Ltd (AAHL), a unit of the Ahmedabad-based conglomerate, will raise mainly debt, with some equity infusion by the promoters, said two people aware of the funding plan. About Rs....