GMR Infrastructure bags contract to manage Nagpur airport
Its subsidiary has bagged contract to manage Nagpur airport from MIHAN India
GMR Infrastructure's subsidiary has bagged contract to manage Nagpur airport from MIHAN India.
"With regard to privatisation of Nagpur Airport, we wish to update that GMR Airports Limited (GAL), the company's subsidiary has received the formal letter of award from MIHAN India Limited, the concessioning authority for the Nagpur Airport, towards the development, operations and management of Dr Babasaheb Ambedkar International Airport, Nagpur," GMR Infrastructure said.
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 privatise 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.