Bazaar Watch


Thursday, December 13, 2007

GMR Infrastructure - Press Release

GMR Infrastructure Ltd has informed BSE that GMR Hyderabad International Airport Ltd (GHIAL), a subsidiary of the Company, has awarded the Airport shuttles to Shree Raj Travels & Tours Ltd for providing:

- 125 air-conditioned airport shuttle buses to the Hyderabad International Airport
- Shuttle buses will ferry passengers from designated 15 locations in the city
- Buses will operate at 15-minute intervals during peak time
- Buses to offer Wi-fi, food & beverage and ample luggage storage space for passengers

In this regard the Company has issued the following Press Release:

"GMR Hyderabad International Airport Ltd (GHIAL), which is developing the Rajiv Gandhi International Airport in Shamshabad where over 92% work is already completed, has awarded airport shuttles concession to Shree Raj Travels & Tours Ltd for a period of seven years.

Once the airport is commissioned on March 16, 2008, 125 air-conditioned airport shuttle
buses will ferry passengers to the airport at 15-minute intervals during peak hours and at
30-minute intervals at non-peak times. The price per trip is expected to be below Rs
100/-.

There will be over 75 dedicated Airport Shuttle buses that will ferry passengers to and from the airport from the designated 15 locations in the city. Another 50 Airport Shuttle buses will be deployed to ferry airport staff as well. The designated locations in the city include Sainikpuri, Gachibowli, Charminar, Mehdipatnam, Necklace Road, Mahatma Gandhi Bus Station, Dilsukhnagar, Uppal, Tarnaka, Secunderabad Railway Station, Begumpet Airport, Paryatak Bhavan, Errgadda, Jubilee Hills, and Hitech City.

These buses will have Wi-Fi facilities for passengers to access e-mails or the Internet. Fitted with modern vehicle tracking system, Flight Information Display Systems (FIDS), and onboard entertainment system these air-conditioned buses will also offer food & beverage options besides ample luggage storage space for passengers.

Mr. Rajgopal Swami, CFO — GMR Hyderabad International Airport Ltd, said: "We are constantly striving to enhance passenger experience at the new airport and our association with Shree Raj Travels & Tours is another step in this direction. The Airport Shuttle bus service with facilities like Wi-Fi, vehicle tracking system, ample luggage storage space and food & beverage services will ensure the passengers' drive to the new airport is stress-free and an enjoyable experience."

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