Going forward, the ability of BAPL
to scale up its operations and sustain growth in sales and profitability will remain the key rating sensitivities.
had floated an expression of interest (EoI) inviting firms keen to develop the airport at an investment of Rs 650 crore.
The partnership would enable BAPL
to move to a state-of-the-art cloud-based IT model and also help the company shift from a capital-heavy owned model to an operational expense model, thereby freeing up resources and capital, which it needs at this stage of growth.
Unless the private sector plays a proactive role and comes forward with innovative business models, the rate of vital infrastructure development in our country will continue to lag behind its corresponding demand, says Subrata Paul, CEO BAPL
had earlier signed a memorandum of understanding (MOU) with Punjab State Industrial Development Corporation Limited (PSIDC) for setting up an aerotropolis in the Punjab region whereby PSIDC will facilitate development of the project.
As part of the Bengal Global Business Summit, the company has inked a Memorandum of Understanding (MoU) with BAPL
Issuing a statement, the BAPL
has revealed that the newly signed agreement forms a component of an ambitious plan to speed up the development of BAPL
's airport city project, "Sujalaam Skycity", at Andal in Burdwan district and to facilitate fair and sustainable social as well as economic development in and around Durgapur in the State.
has revealed in its media statement that the announcement on the decision to increase holding has been made during the recent Singapore trip by the West Bengal Chief Minister Mamata Banerjee.
Partha Ghosh, Managing Director, BAPL
, the institute will help in strengthening the relationship between BAPL
will invite the airline operators to finalise the flight operations.
, a joint venture between Changi Airports International (26 per cent) and four Indian firms, serves as the promoter of Bengal s first private airport near the Durgapur-Asansol industrial area.
In this association BAPL
would offer the requisite services and infrastructure to Pawan Hans like terminal building for passengers, landing & parking facility at the airport, fire fighting arrangements, medical facilities etc.