The GMR Hyderabad International Airport (GHIAL), a subsidiary of GMR Infrastructure (GIL), has received a letter of confirmation from the Ministry of Civil Aviation (MoCA) extending the term of the concession agreement for operating Rajiv Gandhi International Airport in Hyderabad, Telangana for a further period of 30 years, from 23 March 2038 up to 22 March 2068.
This extension is in terms of the concession agreement dated 20 December 2004. The initial capacity of the airport was 12 million passengers per annum, which went up to 21 million passengers per annum in 2019.
The airport currently is undergoing major expansion, post which the capacity will get enhanced to 34 million passengers per annum.
The airport has 1,50,000 tonne of cargo handling capacity per annum. The airport master plan has the flexibility to increase the ultimate capacity to over 100 million passengers per annum in phases.