Rs 9,000 crore investment in Delhi airport to handle 100 million passengers yearly

Rs 9,000 crore investment in Delhi airport to handle 100 million passengers yearly

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Rs 9,000 crore investment in Delhi airport to handle 100 million passengers yearly

With 63.5 million passengers in 2017-18 and an expectation of numbers going up to 110 million in coming years, an investment of Rs 9,000 crore is likely to be made in Delhi airport over next few years.

According to Vice President M Venkaiah Naidu, an investment of Rs 9,000 crore is expected to be made in Delhi airport in the coming years as the airport operator looks to boost capacity. The airport handled around 1,300 flight every day.

Delhi airport, which is the busiest airport in the country, is projected to handle 70 million passengers this year. After unveiling two publications about the Delhi airport, 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.

Reportedly, the air traffic movement has surged by 250 per cent while passengers numbers have gone up by 400 per cent since GMR took over the Delhi airport.

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 airport in 2006.

GMR Airports Executive Director I Prabhakara Rao said an investment of Rs 9,000 crore would be made at Delhi airport in three to three-and-a-half years.

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