Concession Agreement

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Concession Agreement The Government of India has given BIAL the exclusive right and privilege to carry out the development, design, financing, construction, operation, and management of the airport for a period of 30 years from its opening date, with an option to extend the concession for another 30 years. No new or existing airport will be permitted to operate as a domestic or international airport within 150 kilometres. The Government of India, represented by the Ministry of Civil Aviation, is committed to equal treatment and non-discrimination of all international airports and to renew the bilateral agreement constantly. The Concession Agreement recognises that BIAL may carry out any activity or business in connection with handling of aircraft, passengers, baggage, and cargo at the airport. BIAL may at any time grant the service-provider rights to any party for the purpose of carrying out such activities on such terms and conditions as are reasonably appropriate. CNS/ ATM Agreement A CNS/ ATM Agreement was signed in April 2005 between the Airports Authority of India (AAI) and BIAL under which the former is responsible for the provision of air traffic services

Transcript of Concession Agreement

Page 1: Concession Agreement

Concession Agreement

The Government of India has given BIAL the exclusive right and privilege to carry out the development, design, financing, construction, operation, and management of the airport for a period of 30 years from its opening date, with an option to extend the concession for another 30 years.

No new or existing airport will be permitted to operate as a domestic or international airport within 150 kilometres. The Government of India, represented by the Ministry of Civil Aviation, is committed to equal treatment and non-discrimination of all international airports and to renew the bilateral agreement constantly.

The Concession Agreement recognises that BIAL may carry out any activity or business in connection with handling of aircraft, passengers, baggage, and cargo at the airport. BIAL may at any time grant the service-provider rights to any party for the purpose of carrying out such activities on such terms and conditions as are reasonably appropriate.

CNS/ ATM Agreement

A CNS/ ATM Agreement was signed in April 2005 between the Airports Authority of India (AAI) and BIAL under which the former is responsible for the provision of air traffic services