Bengaluru International Airport Ltd

Company Name: Bengaluru International Airport Ltd
OldName:
Group :
Address: Corp Office
Administration Block
Devanahalli
City: Devanahalli 560300 bangalore-international-airport-ltd Karnataka
Tel: 0888 499 8888 /080-6678 2425 /6678 3366
Fax:
Mktg-Email : feedback@bialairport.com
HR-Email :
Purchase-Email :
Brands Owned :

About the Company :

Bangalore International Airport Ltd (BIAL) is a Special Purpose Vehicle held by Fairfax holdings (38% holding), Siemens Project Ventures GmbH, Germany (26%), GVK Group (10%), Airports Authority of India (AAI) (13%), and Karnataka State Industrial and Infrastructure Development Corporation Limited (KSIIDC) (13%) which was formed to set up a greenfield international airport on a Build-Operate-transfer (BOT) basis at Devanahalli, near Bangalore. The airport commenced operations on May 24, 2008. BIAL has a 30-year concession for the maintenance and operation of the Devanahalli airport, extendable for a further 30 years at BIAL’s option. The airport, constructed at a budgeted total cost of Rs. 2471 crore, had an initial handling capacity of 11.5 million passengers per annum. In FY2014, BIAL also completed expansion of Terminal 1 with a total cost of Rs. 1547 crore to enhance the passenger handling capacity of the airport to 20 million passengers per annum.

In June, 2017, GVK Group has announced plans to completely exit from BIAL by further divesting its 10% stake to Fairfax Holdings. The divestment process is yet to be completed. The Master Plan envisages a terminal capacity of 55 million passengers per annum by the end of the 30- year term of the Concession Agreement.

In January 2018, the company has tied up Ekolog Ltd, a Polish company, to implement waste management facility project under Design- Build-Own-Operate (DBOO) basis. The Phase 1 will have the capability to process 20 TPD (tonnes/day) and will be scalable to 60 TPD

In April 2018, Bangalore International Airport (BIAL) is set to raise about USD 2.0 billion for building a new terminal and runway, which are expected to become operational within three years. The company is expected to raise funds at 0.25-0.50 over the MCLR (marginal cost of funds-based lending rate) with a tenure of about 15 years.

In October 2018, the airport is set to commission 3.35 roof top solar power plant . Currently, the airport premises has over 3 MW in its premises and is expected to generated 8.5 MW of green power, with other roof top solar projects .

In April 2019, the company is raising ₹ 10,200 crore through a syndicated loan facility, to meet increasing corporate demand for resources and the willingness of banks to open credit lines for companies.


Bangalore Airport commissions cold chain dedicated service centre – Coolport

Bangalore International Airport Ltd, has commissioned cold chain dedicated services centre, Coolport, in the airport, premises. BIAL has partnered with ...
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BIAL sets up crew only terminal

Bangalore International Airport (BIAL) has set up a crew-only terminal dedicated for airline staff. It is located in close proximity ...
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BIAL to introduce check-in-kiosk in bus

Bangalore International Airport Limited (BIAL) is set to introduce check-in kiosks in Vayu Vajra buses. Currently, BMTC operates over 100 ...
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BIAL Planning Authority to develop master plan for 10 years

Bangalore International Airport Area Planning Authority (BIAAPA) has decided to engage consultants to prepare a revised master plan for the ...
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BIAL awards the contract to L&T for Terminal II

Bangalore International Airport (BIAL) has awarded the contract for the construction of Terminal 2 at the Kempegowda International airport in ...
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BIAL signs up with Unisys Corp for Analytics tool

Bangalore Airport operator BIAL has signed an agreement with Unisys Corporation to develop an Analytics Center of Excellence, which will ...
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BIAL awards the contract to L&T for Terminal II

Bangalore International Airport (BIAL) has awarded the contract for the construction of Terminal 2 at the Kempegowda International airport in ...
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Personnel
B Srinivas – General Manager
G V Sanjay Reddy – Managing Director
Bhaskar Bodapati – Director
Hari Marar – President, Airport Operations
Bhaskar Anand Rao – CFO
Satyaki Raghunath – Chief Strategy and Development Officer

Other Office Address
Corp Office Administration Block Devanahalli Devanahalli 560300 bangalore-international-airport-ltd Karnataka 0888 499 8888 /080-6678 2425 /6678 3366

Products & Services Offered
Airports