Airport Authority of India (AAI) and Delhi International Airport (P) Limited (DIAL) have entered into and executed an agreement called Operation, Management and Development Agreement, (OMDA), pursuant to which AAI has granted to DIAL exclusive right to undertake the operations, maintenance, development, design, construction, up gradation, modernization, finance and management of the Indira Gandhi International Airport for a term of 30 (thirty) years with effect from May 3, 2006 and extendable by another term of 30 (thirty) years .
The provisions of OMDA, specifies all terms, conditions, guidelines, requirements, agreements that are applicable for Airport development project.
In pursuant to these provisions, DIAL prepared the master plan for development of the Airport to one of international standards. As part of these plans, DIAL wishes to provide services of international standard to airlines, passengers & visitors, at the Airport.
The key commercial & technical objectives & principles for which DIAL has awarded the rights under concession agreement to Delhi Aviation Fuel Facility Pvt. Ltd (DAFFPL), includes:
- Ensuring a secure means of ATF supply for the operational life of the Airport.
- Providing adequate supply rates & reserve level sufficient to guarantee uninterrupted, safe & secure flow of ATF to the Airport, in addition to ensuring that ATF is of right quality & is cost-effective.
- Ensuring the free choice of qualified suppliers for the competitive supply of ATF to the Air Carriers at the Airport.
- Meeting the highest health, safety, and environmental standards of the industry and the community.