GMR won the bid by offering to pay Rs 303 per passenger fee
The group would develop, maintain and operate the airport for 40 years, extendable by another 20 years via international competitive bidding
The outlook on the ratings for both has been changed to negative from ratings under review
Government sell-off is a stimulus for itself and might not work at this juncture
In February, JSW Energy said it would acquire GMR's Kamalanga power project (1,050 Mw) in Odisha for Rs 5,321 crore.
SpiceJet on Friday signed an agreement with GHASL for developing the facility
Post-acquisition, the total installed power generation capacity of JSW Energy will increase to 5,609 MW
The Concession Period for the project is 35 years including Phase 1 Construction of five years
The concession agreement was signed under the Government of India's regional connectivity-UDAN scheme
GMR Goa International Airport Ltd (GGIAL), a subsidiary of the group, would be implementing the project
Delhi and Jewar airports to have common 'point of call'; decision taken at a recent meeting
Revenues from the Airports segment stood at Rs 1,494. 7 crore against Rs 1,315.5 crore in the second quarter of FY19
GBC holds 80.56 crore shares equivalent to 13.35 per cent shares of GMR Infrastructure, said listed entity GMR Infrastructure
The bidding for Chandigarh is part of a Rs 1 trillion station redevelopment programme
Bids for airports in Thailand, Indonesia, will sell four road projects
Findings trace past linkages of Jindal Steel & Power, GMR Holdings, Apollo Hospitals, Kolte-Patil Developers to such entities
The mega project to develop the country's main airport worth over $500 million was awarded to GMR during the tenure of former President Mohamed Nasheed, despite concerns by the then opposition
A completely new international airport will come up in Nagpur,' informed Fadnavis
Beats Doit Smart Infra and GVK with higher per passenge fee; Rs 2,700 cr project to be completed in three years
GAL currently holds 63% stake and the remaining in the company is held by Airports Authority of India (13%) and the Telangana government (11%)