Saturday, April 10, 2010

BIAL Board appoints GV Krishna Reddy as Vice Chairman

The Board of Directors of Bangalore International Airport Limited (BIAL) has approved definite plans for the expansion of the current passenger terminal at Bengaluru International Airport and announced the appointment of GV Krishna Reddy as the Vice Chairman of the BIAL Board and Mr. GV Sanjay Reddy as the company’s Managing Director.
GV Krishna Reddy is Chairman of GVK Power and Infrastructure Ltd (GVKPIL) and has been a pioneer in the infrastructure sector in India, having envisioned landmark projects across power, road and airports. Mr. GV Sanjay Reddy, Vice Chairman, GVKPIL also holds the position of Managing Director, Mumbai International Airport Ltd (MIAL). He will now spearhead BIAL’s expansion phase that has been put on fast track. Mr. Marcel Hungerbuehler will remain responsible for the day-to-day operation.
In another significant announcement, the design and layout of the expansion of Terminal 1 was finalized and work on the expansion of the existing Terminal 1 will begin in September this year. When completed, Terminal 1 will be expanded by 70% of the existing building with an additional passenger space of 40,000 square meters. This addition will take the terminal capacity to 17 million passengers per annum, a requirement that will suffice till the year 2015.
09/04/10 India Infoline
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