The Hindu : Business : Mumbai Airport's big plans

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Friday, Oct 13, 2006
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Mumbai Airport's big plans

Staff Correspondent

— PHOTO: PAUL NORONHA

AIRPORT BLUEPRINT: G. V. Krishna Reddy (left), Chairman, Mumbai International Airport Pvt. Ltd., with G. V. Sanjay Reddy, Managing Director, unveiling the blueprint for transformation of Chhatrapati Shivaji International Airport at a press conference in Mumbai on Thursday.

MUMBAI: In line with its vision of making the Mumbai Airport a benchmark among airports, Mumbai International Airport Pvt. Ltd. (MIAL), the joint venture between GVK-SA consortium and THE Airports Authority of India, on Thursday unveiled a master plan for Chhatrapati Shivaji International Airport (CSIA).

The master plan has been designed to expand and upgrade the infrastructure at CSIA to cater to traffic of 40 million passengers and one million tonnes of cargo annually. It encapsulates a blueprint for a major transformation of the airport by 2010.

Addressing the media here, G. V. Sanjay Reddy, Managing Director, MIAL, said the project cost till 2010 was Rs. 5,200 crore, which would be financed through a debt-equity mix of 80:20. "The debt has already been tied up with Indian institutions led by UTI Bank and IDBI Bank.''

"The master plan has been submitted to the Government of Maharashtra for comments by November 3 and if there are comments, we will address them and resubmit it as the final master plan,'' Mr. Reddy said. The implementation of the master plan will be in two main stages — the Interim Phase to be completed by 2008 and the Phase I to be completed by 2010. The Interim Phase envisages refurbishing Terminal 2B, revamp of Terminal 1A, setting up of a temporary cargo facilities and upgradation of airside runway facilities and multi-level car parks.

In Phase I, a brand new terminal building (T2) will come up at Sahar to cater to international and domestic passengers, a dedicated link from the Western Express Highway and building of new cargo facilities.

The revamped CSIA will have two passenger terminals. T2 at Sahar catering to traffic of 30 million passengers annually, which will be a mix of international and domestic passengers. T1 at Santa Cruz will cater to the domestic passenger traffic of 10-12 million passengers annually.

During the master planning stage, MIAL designed a parallel runway and identified all constraints that would come in the way and these include rehabilitation of slums, relocation of all Air India and other facilities, buying large tracts of private land outside CSIA and removing a number of private buildings outside CSIA.

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