May 24 2017 | India Opportunities
Hyderabad airport expansion on the anvil
GMR Hyderabad International Airport Ltd intends to increase the passenger handling capacity of the Hyderabad airport to 20 million passengers per annum from the current 12 MPPA. The plan for airport expansion would be finalised soon. According to India Ratings & Research, to carry out this expansion, GHIAL would require an approximate outlay of Rs. 2,500 crore. The expansion would be financed through debt (70%) and the rest through equity and internal accruals.