Delhi International Airport Private Limited (DIAL)

Sector: Transportation & Logistics

Delhi International Airport Private Limited (DIAL)

Delhi International Airport Private Limited (DIAL), a consortium comprising of the GMR Group, IDFC Private Equity, Fraport AG and MANSB (A 100% subsidiary of Malaysia Airports Holding Berhad), was awarded the bid for restructuring and modernizing the Indira Gandhi International Airport in New Delhi, a project of national importance since it involves building a world class international airport for the nation’s capital, New Delhi.

Completed in 2010, the New Integrated Terminal Building (T3) is the second largest airport terminal in the world after the new terminal at the Beijing airport. Spread over 20 acres of land, T3 terminal includes 75 aerobridges, 48 contact stands, 90 walklators, a total area of about 5.2 million square feet and a capacity to handle 34 million passengers a year.

Our investment in DIAL has since been moved into shares of listed parent GMR Infrastructure (GIL), which we currently hold.