2022 Universal Registration Document

Presentat i on of the Group 1 Main platforms

Investment program Delhi Airport has embarked on a major development and investment program for its infrastructure to ensure its adaptation to the traffic growth expected in the coming years, for a total of more than €1.2 billion, and expected to be completed in the coming 12 months (Phase 3A). The main short-term project is the reconstruction of Terminal 1, in order to increase its capacity to 40 million passengers, the first phase of which should be commissioned in 2023. It also includes the reconstruction and expansion of the north apron, the aircraft parking stands, new parallel taxiways servicing the north side runways as well as the adaptation of the road access system. A partial opening of the new arrivals building took place in the first quarter of 2022. The Phase 3A investment program includes the construction of the second southern runway (opening scheduled for 2023) as well as a system of taxiways to the east connecting the two double runways in order to increase the efficiency of aeronautics operations and thus improve punctuality. Work progressed steadily throughout 2022.

In addition, DIAL initiated arbitration proceedings regarding a dispute arising from the application by DIAL of the force majeure clause in the concession contract due to the impact of the coronavirus pandemic on DIAL and the execution of its obligations. On 5 January 2021, the Delhi High Court granted DIAL, via a temporary order for relief, the right to suspend the payment of concession fees until an arbitration court rules on the matter. AAI, a party to the arbitration, has appealed this decision. The case is still ongoing. The parties signed a settlement agreement dated 25 April 2022, which set interim measures for payments by DIAL pending the final decision. Access Terminals 2 and 3 are connected to the central train station of New Delhi by the dedicated Delhi Airport Metro Express Line, which opened in February 2011. It serves the airport in less than 20 minutes from the city centre. The airport is also connected by several express road, including the Delhi Gurgaon Expressway.

126

AÉROPORTS DE PAR I S / UN I VERSAL REG I STRAT I ON DOCUMENT 2022

Made with FlippingBook - Online Brochure Maker