DIAL to invest Rs 9,800 crore by 2022 in airport upgradation
NEW DELHI: The company that operates Delhi’s airport would invest Rs 9,800 crore through June 2022 to upgrade the existing Terminal 1, build a fourth runway and for other development work, to increase the airport’s capacity to 100 million passengers a year from 66 million now.
“We have arranged for funds. We have already gone into international bonds,” said I Prabhakara Rao, deputy managing director of the GMR Group, which holds a majority stake in Delhi International Airport Ltd (DIAL) that runs the airport.
