New Delhi (ANTARA News/Asia Pulse) - The GMR-led Delhi International Airport Ltd said it had secured a Rs 49.40 billion (US$1.25 billion) loan to modernise the airport at India's capital, a development that will soon help increase the passenger comfort quotient. The public-private partnership initiative, mandated to modernise the Indira Gandhi International Airport, said that it had signed key financing documents with its project lenders for Rs 36.50 billion and a foreign currency loan of US$350 million to fund the project. The total capital expenditure programme of the first phase until 2010 is estimated at about Rs 89 billion. Source: Business in Asia Today - Dec. 10, 2007 published by Asia Pulse

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