Work starts on ₹9,800-cr expansion of Delhi airport; to be finished mid-2022

The Delhi airport will spend ₹9,800 crore for capex till June 2022 including building the fourth runway, expanding parking stands for aircraft to 82 from the current 55 and increasing the airport’s handling capacity to 140 million passengers annually.

“We have already gone into international bonds,” I Prabhakara Rao, Deputy Managing Director, GMR Group, said at a press conference here on Monday when asked about the source of funds.

At the moment, it is not clear as to how the airport, which is the busiest in the country, will recover the money. Rao declined to get into the details saying just that ‘the funding was clear’. Earlier, the airport had imposed an arrival and departure tax on passengers to recover its investments.