B'luru airport to get Rs 13,000 crore facelift

Bengaluru | Thursday | 10th January, 2019

Summary:

The terminal cost itself is roughly about Rs 3,500 crore. Marar said the entire project has to be funded in a ratio of 20 per cent equity and 80 per cent debt. BENGALURU: The Kempegowda international airport here would undergo a massive revamp at a cost of Rs 13,000 crore comprising a new terminal, a second runway, access roads and internal road infrastructure, utilities and a multi-modal transport hub, a top official said Thursday.The Phase-2 programme involves an expenditure of Rs 13,000 crore, which includes a component of Rs 2,000 crore interest, Bangalore International Airport Infrastructure Limited (BIAL) chief executive officer, Hari Marar told reporters here. Giving an insight into the T2 terminal, Marar said it will be built at the "most affordable cost and in the most responsible manner. The BIAL has also taken steps to be self sustained in terms of its water requirements, he added..