{"id":263474,"date":"2019-03-12T05:00:13","date_gmt":"2019-03-12T05:00:13","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=263474"},"modified":"2019-03-12T05:00:13","modified_gmt":"2019-03-12T05:00:13","slug":"bial-to-invest-2-bn-for-creating-infrastructure-to-cater-to-65-mn-flyers","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bial-to-invest-2-bn-for-creating-infrastructure-to-cater-to-65-mn-flyers\/","title":{"rendered":"BIAL to invest $2 bn for creating infrastructure to cater to 65 mn flyers"},"content":{"rendered":"<p>Bengaluru International Airport (BIAL) is set to invest around $2 billion for creating infrastructure to cater to 65 million passengers against 20 million now. <\/p>\n<p>India-born Canadian billionaire Prem Watsa, who is chairman of Fairfax, which owns majority stake in BIAL, wrote in a letter to shareholders that the airport\u2019s second runway would be completed in 2019 and construction of the second terminal is likely to be over in 2021. <\/p>\n<p>BIAL\u2019s total equity value is estimated to be around $1.2 billion. <\/p>\n<p>A syndicate of Indian banks has approved the debt-to-equity ratio of 80:20 at attractive interest rates, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bengaluru International Airport (BIAL) is set to invest around $2 billion for creating infrastructure to cater to 65 million passengers against 20 million now. India-born Canadian billionaire Prem Watsa, who is chairman of Fairfax, which owns majority stake in BIAL, wrote in a letter to shareholders that the airport\u2019s second runway would be completed in 2019 and construction of the second terminal is likely to be over in 2021. BIAL\u2019s total equity value is estimated to be around $1.2 billion. A syndicate of Indian banks has approved the debt-to-equity ratio of 80:20 at attractive interest rates, he said.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-263474","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=263474"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263474\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=263474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=263474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=263474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}