AAI Signed an Agreement for Development of Multi – Level Car Parking Facility MOU

AAI Signed an Agreement for Development of Multi – Level Car Parking Facility

New Delhi: Airports Authority of India (AAI) has entered into an agreement with Pebbles Infra-Tech Private Ltd. for Development of Multi-Level Car Parking with Integrated Commercial facilities on DBOM Basis (construction cum license to operate & maintain) at Pune Airport in Maharashtra on Blended Financing Mode. Currently, Pune Airport handles more than 6.7 million passengers annually.

The proposed MLCP will be of international standards with integrated commercial facilities, shall cover an area of 2.5 acres approx. and will provide parking facilities for 1000 ECS in line with the proposed expansion of terminal building with a handling capacity of 12-13 million. The MLCP is scheduled to be operational in 24 months.

The Agreement was signed by Shri S. D. Tiwari, Joint GM (Business Development) with the Developer in the presence of Shri S. Suresh, Member (Finance), Shri Anil Gupta, ED (Land Management & Business Development, Shri. Chandra Shekhar, DGM (BD) and other officials of AAI, Pebbles Infra-Tech Private Ltd and DIMTS, the transaction advisor of AAI.

Posted Date : 12-01-19

Categories : MOU

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