Bengal Aerotropolis Projects Limited (BAPL)

Incorporated in 2007, Bengal Aerotropolis Projects Limited (BAPL) is a specialized infrastructure company engaged in identification and development of aerotropolis projects in India. It is now developing an aerotropolis (or Skycity) at Durgapur in West Bengal within the 1616-sq-km Asansol-Durgapur Planning Area (ADPA). BAPL is promoted by Changi Airports India Pte Ltd — a subsidiary of Changi Airports International Pte Ltd (CAI) Singapore, Infrastructure Leasing & Financial Services Ltd (IL&FS) and three Indian promoters, Mr Partha Ghosh, Mr Utsav Parekh and Mr RR Modi. Each promoter brings various skill sets to the company. CAI, a wholly owned subsidiary of Changi Airport Group, has a proven track record in international airport investment and consultancy in more than 40 airports in over 20 countries. Some of CAI’s recent investment projects include Tom Jobim International Airport in Brazil and development of airports in the Krasnodar region in Russia. IL&FS is India’s leader in developing viable models for large-scale infrastructure projects. Mr Modi brings vast experience in development of social infrastructure projects. Mr Ghosh has conceptualized and incubated this project and has demonstrated expertise in working with State Government and other Government entities. Mr Parekh is highly experienced in the financial market. BAPL has signed a joint venture development agreement with West Bengal Industrial Development Corporation Limited (WBIDC) for developing India’s first private Greenfield aerotropolis, comprising an airport, an industrial skyzone, a logistics skyhub, an information technology skypark and a township in the Asansol-Durgapur region of Burdwan district in West Bengal, one of the most significant industrial zones in eastern India. The West Bengal Government under the leadership of the Honourable Chief Minister, takes an active interest in this marquee project of Bengal and through WBIDC has injected fresh equity funding for an increased stake in the company. Vision:  Be a creator of aerotropolii with innovative best-in-class services  Be among the top 10 Best Employers in India by 2020  Be a financially strong company with ROCE within top 10 in Infrastructure space (ET Index) and committed to add value to all stakeholders on a sustainable basis by 2020  Be the benchmark for our practices in Urban services, including :  Delivery commitment  Environment preservation  Holistic development of local communities  Be agile with a minimalist structure Mission: To facilitate development of aerotropolii with innovative best-in-class services, while caring for employees, environment and community.