GMR lines up Rs 7000 cr for Delhi airport facelift

New Delhi: The GMR-led consortium, which is modernising the Delhi airport, will pump in Rs 7,000 crore to build an integrated airport for the national capital by March 2010 with a capacity to handle 37 million passengers a year.
For the time being, the consortium, to meet the surging traffic, will build a terminal near the existing domestic terminal in Delhi at an investment of Rs 400 crore with a passenger capacity of 10 million a year. The terminal with a built-up area of 75,000 square feet will be operational in 2008. This temporary terminal will be converted into a low-cost airline terminal in 2010 when the new airport comes into being.
The existing 1B terminal, from where private carriers operate now, will be pulled down completely and a new cargo complex will occupy its space.
It is expected that with the modernisation, the new terminal building will increase the capacity of the Delhi airport to over 45 million by 2010 from the present 16 million.
08/11/06 Business Standard

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