In 2006, following a competitive bidding process, the Government of India awarded the Delhi International Airport concession to the Delhi International Airport Private Limited (DIAL) with a mandate to operate, maintain, develop, design, construct, finance, upgrade, and modernize the Indira Gandhi International Airport, Delhi, for a period of 30 years until 2036, with a further option to extend the concession by 30 years. The concession master plan describes five phases of development of the airport. The first phase will require a capital investment of US$2 billion and will be completed prior to Delhi hosting the Commonwealth Games in October 2010.