The contract to build a new airport on the island of Crete has been awarded to Ariadne Airport Group, a joint venture between IndiaÂ’s GMR Airports and Greek contractor GEK Terna, for Euro 850 million. Greece accepted the offer after the terms of the contract were finalised and EU and other authorities gave the necessary approvals. The construction of the site is set to start at the beginning of the next year.
FlashNews:
IRB Group Reports ₹8.3 Billion FY2026 Toll Revenue, Secures 10% National Share
India and Bhutan Sign Tariff Protocol for Punatsangchhu‑II, Strengthening Hydropower Partnership
IndiGo, Digi Yatra and BIAL Pioneer India’s First International Contactless Travel Trials with IATA
India-Bhutan Hydropower Push: Minister Manohar Lal’s 4-Day Visit to Drive Projects, Trade
India Slashes Airport Charges to Shield Domestic Airlines from ATF Surge Amid West Asia Conflict
India Climbs to Third Globally in Renewable Energy Capacity, Adding Record 55 GW in FY2025-26
Japan’s JFE Engineering Invests ¥750 Million in Antony Waste; First FDI in India’s Waste-to-Energy Sector
SDHI Wins India’s First Ammonia Dual‑Fuel Bulk Carrier Order
SAME and IndiGo Launch Cadet AME Programme to Train India’s Next Aviation Engineers
IndiGo Revises Fuel Charges as ATF Costs Soar
Putting Turbulence Behind IndiGo Appoints Willie Walsh to Drive Future Global Growth
DFCCIL Completes Trial Run on Newly Electrified JNPA-Vaitarna Freight Corridor
Data Centres Set to Ride Next Digital Wave
Water may be free, but safe service has a cost
SHANTI Act: Bridging Policy, Finance and Public Trust
Union Budget 2026-27: Building India’s Core
Speeding Up Ports & Logistics
Airports at Scale
Sky High Dreams, On-ground Challenges
Home » Indo-Greek JV bags USD 1 billion airport work in Crete
Indo-Greek JV bags USD 1 billion airport work in Crete
Aviation & Airports
October 15, 2018June 9, 2021
Leave a Reply
You must be logged in to post a comment.