This paves the way for the expansion which will include construction of a new terminal along with the second runway, taxiways, aprons, aircraft parking and all aviation facilities and structures. The expansion is envisaged to accommodate the future traffic growth which is expected to reach 55 million passengers per annum by 2029-2030 from the present 20 million capacity and also allow for approximately 1 million tonnes of cargo movement from the present 350,000 tonnes. The expansion within the existing airport site area, will cater to both aeronautical and non-aeronautical infrastructure facilities, a release from BIAL said.
The second stage of the expansion approval was granted by the Ministry of Environment, Forests & Climate Change, Government of India. “The second stage of the EC for our airport now paves the way for us to secure the final approvals for the project. This expansion is key to achieving our overall vision of making Bangalore the Gateway to South India,” said G V Sanjay Reddy, MD, BIAL.
Private promoters hold a 74 per cent (GVK – 43 per cent, Siemens Projects Ventures – 26 per cent, and Flughafen Zurich AG – 5 per cent) stake in BIAL while the government holds the rest, remaining 26 per cent (Karnataka State Industrial Investment and Development Corporation – 13 per cent, and Airport Authority of India – 13 per cent).