Wednesday, October 31, 2018

IGI Airport may receive Rs 9,000 crore investment: M Venkaiah Naidu

New Delhi: An investment of Rs 9,000 crore is expected to be made in Indira Gandhi International airport in the coming years, according to Vice President M Venkaiah Naidu, as the aerodrome operator looks to boost capacity.

The Indira Gandhi International Airport Ltd is projected to handle 70 million passengers this year.

Naidu on Tuesday said the Delhi airport would be spending about Rs 9,000 crore to boost capacity and handle 100 million passengers per annum.

He was speaking here after unveiling two publications about Delhi airport. “I am given to understand that since GMR took over this airport, the number of air traffic movements has gone up by 250 per cent, passenger numbers have gone up by 400 per cent. Connectivity is the key to economic growth,” Naidu said.

The airport is operated by DIAL — a consortium of GMR Group, Airports Authority of India (AAI) and Germany’s Fraport. The GMR group-led consortium began operating the aerodrome in 2006.
31/10/18 Indian Express

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