GMR Energy, is close to raising around Rs 370 crore in debt for achieving financial closure of two of its power transmission projects in Rajasthan.
Category: Aviation & Airports
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We are focused on improving city-side access to airport
Delhi's T3 has revolutionised the airport experience for Indian travellers and built a formidable reputation in just one year.
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We are focused on improving city-side access to airport
Delhi's T3 has revolutionised the airport experience for Indian travellers and built a formidable reputation in just one year.
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PSA consortium highest bidder at JNPT
A consortium led by PSA International, the world's second biggest container port operator, has emerged the highest bidder to build India's largest container terminal yet, by capacity and cost, at the Jawaharlal Nehru Port (JNPT).
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Expertspeak: On matching expansion
Although a few airport projects were completed last year, most were by AAI. The tremendous pressure on the existing airport infrastructure is a reason why more private participation is needed,
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Govt allows FDI FOR GMR
The Cabinet Committee on Economic Affairs has cleared GMR Airports Holdings' proposal to raise further foreign investment of $200 million from Mauritius-based entities.
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Bangalore airport expansion starts this month
Bangalore airport's expansion of its passenger terminal building will begin this month and is expected to be complete by December 2012.
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NE to be better connected
The Ministry of Civil Aviation will introduce more flights to the Lilabari and Tezpur Airports in Assam, which are within the vicinity of Itanagar, the state capital of Arunachal Pradesh.
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Aerotropolis to be ready next year
Bengal Aerotropolis Projects Ltd (BAPL), the company building India's first aerotropolis, is confident of commencing operations by July 2012.
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GMR Airports gets breather
Bangalore-based GMR Group, which has been battling a high debt of around Rs 15,300 crore is all set to raise approximately Rs 645 crore from three private equity (PE) firms.