| The contract is valid for seven years and can be extended on mutual agreement. |
| According to GHIAL, Hyderabad's will be the first airport in the country where fuel farm operations will be undertaken by a private company. This apart, an open access model fuel farm is being set up on the airport premises, which will be the first of its kind in India. |
| Under the model, any oil company can supply fuel to airlines in accordance with an agreement entered into with the latter. |
| Consequently, there will be greater competition among oil companies for supply of fuel, leading to enhanced service and competitive pricing. The airlines would also have the choice of fuel suppliers, GHIAL Chief Operating Officer T Srinagesh told mediapersons here on Friday. |
| He said RIL had been selected from among major oil companies like IOC, Sky Tanking, BPCL, ONGC, Swissport, and World Fuel Services through a competitive bidding process. He, however, declined to disclose the value of the contract, stating that the cost of fuel supply was being estimated. |
| GHIAL is setting up a fuel farm consisting of three storage tanks, each with a capacity of 4,500 kilolitres of aviation turbine fuel (ATF) and hydrant for supply of fuel to aircraft. |
| According to the contract, RIL will operate and maintain the farm as well as provide "into-aircraft" service. |
| Srinagesh said over 200 aircraft were expected to operate daily when the new international airport opened in March 2008. Hence, a sale of more than 3 lakh kilolitres of ATF per annum has been estimated. |
| To begin with, the annual passenger turnout is expected to be about 8 million. |
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