Bangalore International Airport Concession Agreement

Who would want to part with the revenue after investing in the second terminal? Instead, the government should improve service to BIAL airport by subway, suburb, dedicated link between the city and the airport (Indian Railways). It is the failure of successive governments not to provide it so far, when they knew very well that BIAL was the airport of the future. “We have now given BIAL the opportunity to operate Hal Airport. This means that the BIAL will break free of this 150 km clause,” Deputy Prime Minister C N Ashwath Narayan told DH. Narayan is in favor of opening hal airport to domestic travel. The Government of India has granted BIAL the exclusive right and privilege to carry out the development, design, financing, construction, operation and management of the airport for a period of thirty years from the date of opening of the airport, with the possibility of extending the concession for a further period of 30 years. BIAL has made it its mission to establish the new Bangalore International Airport as one of India`s leading airports in terms of quality and efficiency and set a benchmark for the future business development of Indian airports. Note: Bangalore International Airport Limited (BIAL) is a limited company under the Indian Companies Act, which was established to build, own and operate the first private airport in India – Bangalore International Airport. . . .