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Important and mostly forgotten dates in the BIAL saga
- Project conceived in 1991
- June 1998 Tata-Changi-Raytheon consortium walks out over delay in clearance
- May 1999: MoU signed between KSIIDC and Airport Authority of India
- June 1999: Expression of interest invited
- November 8, 2000: Bidders asked to submit detailed project report
- October 29, 2001: Siemen’s led consortium selected by Government of Karnataka
- Jan 23, 2002: Shareholders agreement signed
- Jan 2002: Ex-PM Vajpayee performed ground breaking
- Stake holders meeting held in Jan 2003
- Ex-CM SM Krishna performed ground breaking (again!!!) in Jan 2004
- July 2004: Concession agreement signed between State Govt., Govt of India and BIAL
- NOC (No Objection Certificate) pending from Defence Ministry
- Dec 21, 2004: Final clearance given by Dharam Singh govt
- Jan 20, 2005: State support agreement between State Govt and BIAL
- Jan 20, 2005: Land lease agreement between State Govt and BIAL
- March 11, 2005: EPC contracts with Siemens (Germany and India) and L&T
- April 8, 2005: Operation and maintenance agreement – BIAL & Unique Zurich
- April 6, 2005: CNS/ATM agreement between BIAL and AAI
- April 30, 2005: Land lease deed signed BIAL and KSIIDC
- June 10, 2005: Extension of shareholders’ agreement
- June 22, 2005: SBI guarantee to state support of Rs 350 crore
- June 23, 2005: Declaration of financial closure by ICICI Bank
- July 2, 2005: Construction commencement date
- November 20, 2006: Concession Agreement amended
- March 7, 2008: First test flight from Bangalore HAL airport to BIAL
- May 24, 2008: BIAL commences operations
As of March, 31 2008 some statistics of the Bangalore HAL airport are as follows :
- 3rd busiest domestic airport in India
- Just 5% behind Chennai as 3rd busiest overall airport in India
- AAI operated terminal handled 10.12 million passengers a year
- 311 commercial flights per day
- Additional 30~40 general aviation and defence flights per day
- HAL ATC considered amongst most efficient in the country
The state set up a committee in August/Sept 2001 to negotiate the final deal with the promoters. The committee was given a mandate to get the best value for money by exploring avenues of optimising project cost and reducing state support. The committee included :
- Krishna Kumar, Principal Secretary Infrastructure
- B.K. Das, Principal Secretary Urban Development
- H.S. Kempanna, law secretary
- K. Jairaj, CEO BIAL
- Nasser Munjee, M.D., Infrastructure Development and Finance Corporation
- Robert Wadel, President & CEO, Waddel Engineering Corporation [USA]
Some of the information was sourced from Karnataka.com
