hyperbole Posted July 30, 2019 Report Posted July 30, 2019 GMR plans 8.5k cr project to up Hyderabad airport capacity HYDERABAD: Bursting at the seams thanks to soaring passenger traffic, the GMR Hyderabad International Airport Ltd (GHIAL) has now chalked out plans to invest Rs 8500 crore in doubling the capacity of the Rajiv Gandhi International Airport (RGIA) at Shamshabad to 50 million passengers per annum (MPPA) from the ongoing approved capacity expansion of 25 million passengers per year. GHIAL had submitted an application to this effect to the Expert Appraisal Committee (EAC) of the Union ministry of environment, forest and climate change (MoEF) seeking environmental clearance for expanding the airport capacity to 50 MPPA and the matter also came up before the panel in its meeting on July 10. The existing terminal T1 at RGIA, which was built with a capacity to handle 12 million passengers per year, ended up handling 21.4 million passengers in financial year 2018-19, a 17% jump from the 18.3 million passengers it handled in 2017-18, a recent investor presentation submitted to the bourses said. The presentation also projected that the airport can eventually be expanded up to 80MPPA. GHIAL's proposal to ECA said no additional land is required for the proposed expansion as it has 5,495 acres and that the project construction, which will take 5-6 years, is expected to generate direct employment of over 5,000 and double the number of indirect jobs. The ongoing expansion includes construction of a new terminal T2 as well as expansion of terminal T1 in addition to development of a new runway and additional rapid exit taxiways, parallel taxiways and taxi lanes. The airport's cargo terminals, cargo satellite building and associate warehouse too are being expanded. GMR, which already has environmental clearance for the 25MPPA expansion, raised $300 million through a international bond issue in April this year for the purpose. Earlier this month, GMR Infrastructure Ltd announced that it is divesting around 44% stake in its airports business (GMR Airports Ltd), to Tata, GIC Singapore and SSG Capital Management, to raise Rs 8,000 crore. Quote
Android_Halwa Posted July 30, 2019 Report Posted July 30, 2019 GMR gadu migita Business anni ammesindu and wants to retain only airport,infra and power business....all other business already exit ayipoindu to concentrate on Airport infra business... Ie lekkana susthe hyderabad airport inkoka 3-4 years la saripodu, sachinattu expand cheyalsinde... Quote
Hector8 Posted July 30, 2019 Report Posted July 30, 2019 aa internation departures boards lu koncham peddavi 10 pettamanu mundu Quote
Respected_Sir Posted July 30, 2019 Report Posted July 30, 2019 Not much lands left for sale in shamshabad Quote
Hydrockers Posted July 30, 2019 Report Posted July 30, 2019 5 hours ago, psycopk said: Jaggadi meda anta namnakam eediki Niku kuda babori meda nammakam tho be hyd lo properties lo invest chesav ga samara Quote
tom brady Posted July 30, 2019 Report Posted July 30, 2019 Started kada already International departures temp terminal nunche unnayi ga for the extension Quote
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