Bengaluru's Kempegowda International Airport receives environmental clearance

04 Sep 2014

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Bangalore International Airport Limited (BIAL) today announced that it has been formally accorded the EC for its second stage expansion of the Kempegowda International Airport, Bengaluru. This expansion will include the construction of a new terminal along with the second runway, taxiways, aprons, aircraft parking and ther aviation facilities and structures.

The expansion is envisaged to accommodate the future traffic growth which is likely to reach 55 million passengers and approximately 1 million tonnes of cargo annually by 2029-2030. The expansion within the existing airport site area will cater to both aeronautical and non-aeronautical infrastructure facilities.

The second stage expansion approval was granted by the ministry of environment, forests and climate change, government of India.

''The second stage EC for our airport is an exciting milestone which now paves the way for us to secure final approvals for the project,"said G V Sanjay Reddy, MD, BIAL. "This expansion will help us in contributing significantly towards the state's economic development and is key to achieving our overall vision of making Bangalore the Gateway to South India,''

The proposed expansion will contribute not only to the economic development of the region but will also play a major role in boosting growth in the travel and tourism industry, which further has a cascading impact on allied industries. Besides the economic benefits, this expansion will create direct and indirect employment thereby contributing holistically to the economy of the state.

BIAL will build, own and operate Bangalore's private sector-owned and operated airport - the Kempegowda International Airport, Bengaluru. Private promoters hold a 74- per cent stake. The consortium of promoters are GVK, which holds a 43-per cent stake, Siemens Projects Ventures (26-per centstake), and  Flughafen Zurich AG (5%) stake in BIAL while the Karnataka State Industrial Investment and Development Corporation  and the Airport Authority of India own 13 per cent each.

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