Reliance Industries on 6 October 2006
won the mandate to set up a fuel storage and service facility at the upcoming
Shamshabad international airport at Hyderabad in Andhra Pradesh. This would be
India's first facility under the open access facility.
Reliance will set up a fuel farm with
three tanks together capable of storing 13.5 million litres of aviation turbine
fuel. This would cover a supply of ten days, by current estimates. GMR Hyderabad
International Airport, the private sector developers of the greenfield airport,
expects that the airport will handle 200 aircraft daily once operations begin in
the first quarter of 2008.
Reliance won the contract amidst
competition from Indian Oil Corporation, Sky Tanking, Swissport, Bharat
Petroleum Corporation and Oil & Natural Gas Corporation, among others.
The Indian aviation turbine fuel
market is an estimated 3.6 million tonnes per year, growing at 15 per cent
annually.
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