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HISTORY OF FORMATION OF DAFFPL

DIAL was required to set up a new integrated terminal for managing the estimated passenger traffic of 2012, as part of the master plan prepared by DIAL integrated terminal 3 with an annual estimated capacity of 34 million passengers set up in time for the commonwealth games 2010.

One of the critical components of terminal 3 projects was the aircraft fuelling system. It was necessary to develop a modern system which would enable airlines to achieve high operational efficiency in the form of quick turnaround. Further in order to ensure the benefit of competition among fuel suppliers to airlines the project cost was considered as an open access infrastructure project.

As a result a Joint Venture Company (SPV) was set up with following equity holding pattern to provide aviation fuelling infrastructure at IGIA (T3,T2 and Cargo)

Promoter Share Holding
Indian Oil Corporation Ltd. 37%
Bharat Petroleum Corporation Ltd. 37%
Delhi International Airport Pvt Ltd 26%

IOSL would be appointed as the Fuel farm facility operator and BPCL will transfer its existing IGIA facility with 42,000 KL tankage to the newly formed Joint Venture Company, a Special Purpose Vehicle (SPV) formed to render aviation fuel facility infrastructure at IGIA terminal 3, Terminal 2 and cargo aprons.

As a part of Concession Agreement Indian Oil Sky tanking Ltd (IOSL) has been appointed as an Operator of the facility to ensure quality and adequacy of ATF and also to maintain the infrastructure.

IOSL is a Joint venture Company between IOCL, Skytanking Holding GMBH (Germany) and IOT Infrastructure & Energy Services Ltd.

The Joint venture company would defer the construction of 20,000 KL onsite facility till demand arises and the existing 42,000 KL facility and Terminal 2 and cargo Hydrant would be linked to new Terminal 3 new hydrant facility.