AP News GMR redesigns HYD airport to handle more capacity
 |
| GMR redesigns HYD airport to handle more capacity |
|
|
The cost of building the Hyderabad
International Airport has gone up by almost Rs 750 crore. But the GMR
led consortium has decided to scale up its capacity and facilities, and
fast-track it to finish before schedule.
Srinagesh, COO, GMR Hyderabad International Airport, says, "This growth rate will continue because of the overall progress in the economy and the state’s proactive method of wooing the service industry. So we decided to expand.”
This means extra bays, aero bridges and
rapid exit ways and a run way that can handle an A-380 in full
capacity. But it also means added capital for Rs 750 crore taking the
total investment up to Rs 2,478 crore.
The airport is now 70% complete and ahead of the schedule.
The first flight from this airport will take off in march next year, but the airport will be ready to handle its 12 million passengers as early as November this year when the construction will be completed. The company is given three months to conduct trial runs and obtain safe clearances.
The debt-equity ratio of the project now stands at 2.1:1 and the company hopes to increase its non-aero revenue through the development of its duty free outlets, hotels and other commercial properties in the airport.
Source : Moneycontrol.com
            |
The
Rajiv Gandhi International Airport in Hyderabad has been redesigned to
accommodate 12 million passengers annually as compared to the 7 million
passengers in the original blue print. That is because the studies done
by the GMR led consortium suggested that passenger traffic in Hyderabad
had grown by 45% over the last year, the highest among all metros in
India.