Tags: GMR Airports

GMR Airports Limited and NIIF announce partnership to invest in three airports. NIIF to invest INR 6.31 billion in upcoming greenfield airport at Mopa, North Goa

12th December 2022

GMR Airports Limited (GAL), the airport business holding entity and a subsidiary of GMR Airports Infrastructure Limited and NIIF (National Investment and Infrastructure Fund) announce a financial partnership for NIIF to invest in the equity capital of three airport projects. These include the greenfield international airports at Mopa, Goa and Bhogapuram, Andhra Pradesh. The transaction […]

ADP buys into GMR

24th February 2020

France’s Groupe ADP has bought a 49% stake in New Delhi-headquartered GMR Airports, part of infrastructural specialist GMR Group. The Rs107.8bn (US$1.5bn) acquisition is the conclusion of an industrial strategic partnership, according to ADP. As part of the terms of transaction, GMR will retain management control over the airports business with Groupe ADP having the […]