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| Delhi International airport to have a fourth runway | | |
NEW DELHI, NOV 7 (PTI)
GMR, which is leading a joint venture to modernise the Delhi airport, today said it would construct a fourth runway here to cater to a projected 37 million passengers.
Initially, the GMR led consortium had planned to add a runway to the two already existing at the IGI Airport.
"We will add a fourth runway to the Delhi International airport after 2020 depending on the passenger traffic," Delhi International Airport Pvt Ltd (DIAL) Managing Director Srinivas Bommidala said here, hours after the Supreme Court upheld the award of airport modernisation contracts to GMR and GVK Groups in Delhi and Mumbai.
Bommidala said the Delhi airport had already started contributing 30 per cent to the overall revenue of the Group.
DIAL started the modernisation project from May. The first phase of the project is expected to be ready by March 2010.
Bommidala said the proposed third terminal at the Delhi International Airport will incur an expenditure of Rs 375-400 crore and will completed by March 2008.
The third terminal, 1-C will function in place of terminal 1-B, which will be closed after the new terminal is completed. Terminal 1-B caters to the departures of most of the private carriers.
"Once the whole airport modernisation is complete by March 2010, terminal 1-C will be converted into a low cost terminal," he said.
Bommidala said the new terminal will not increase the cost of the entire airport project pegged at Rs 7,000 crore. |
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