Monday, October 01, 2018

GMR emerges as the highest bidder for the privatisation of Nagpur Airport

GMR Airports Limited, a subsidiary of GMR Infrastructure Ltd, has won a contract to develop, operate and manage the airport in Nagpur on a Public Private Partnership (PPP) basis for a periof of 30 years.

MIHAN India Limited, a joint venture between Maharashtra Airport Development Company (a Government of Maharashtra undertaking) and Airport Authority of India, had started the RFP process to privatize the Nagpur Airport in March 2018.

The project involves upgradation, modernisation, operation and maintenance of Nagpur Airport for a period of 30 years and includes construction of a new terminal among other works.
01/10/18 Economic Times

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