GVK Power and Infrastucture, which holds a 29% stake in the Bangalore international airport, is looking to expand the it's capacity from 11 million to 20 million passengers over the next couple of years.
In an interview with CNBC-TV18, Sanjay Reddy, vice chairman of GVK Power & Infra said, "Terminal I is being expanded. Hopefully, by next month end or by May we'll start construction. It will take 18 months from there. We will be just a little less than double the capacity." Below is the verbatim transcript of Reddy's interview with Vineetha Athrey of CNBC-TV18. Also watch the accompanying video. Q: There is also some news that the Terminal II expansions will also begin sometime soon and that we understand is going to be five times the capacity of Terminal IDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
