The first eight‑year phase of the roadmap aims to position Nagpur as a leading aviation and logistics hub for Vidarbha and beyond. GMR Airports Ltd has unveiled an ambitious multi‑phase modernisation and expansion plan for Dr. Babasaheb Ambedkar International Airport, Nagpur. This follows the successful completion of the privatisation process of Nagpur Airport, with the...
Tag: GMR
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GMR to build greenfield port at Kakinada
GMR Infrastructure has been awarded a greenfield commercial port at Kakinada.
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Navi Mumbai airport bids to be opened in January 2017
The initial bids for development of the Navi Mumbai international airport are likely to be opened early next month, with leading players, including GMR and GVK expected to be in the fray.
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Is infrastructure´s golden goose on the chopping block
The PPP way of creating infrastructure in India has waned. Things got compounded by inherent risks that were stacked up upon the private sector, resulting in a bouquet of heavily invested infra projects getting waylaid and now languishing due to delays and cost overruns
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Firms keen on InvIT want clarity
Infrastructures developers such as IRB, GMR and IL&FS are keen to launch their infrastructure investment trusts after SEBI announced guidelines last week, but may hold their plans for more clarity on disclosure and accounting norms.
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Developers will be able to get rid of their excess baggage
We are almost there both with REIT and InvIT. They have been in the pipeline for quite some time. The government has taken the initiative to come out with proper SEBI regulations, which itself is the very first step towards REITs and InvITs.
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Rent and reward
True wealth to the nation is generated only when the land is put to productive use. Long-term land lease over land acquisition can accelerate the investment cycle in India.
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Injecting Hope
A slew of measures to infuse the much-needed cash-flow into the infrastructure sector have been introduced to push growth. And Rs 8 lakh crore of equity is likely to find its way soon in the sector enriching the fund pool. However, missing links like deepening the bond market in the country
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GMR Infra, JBIC sign MoU for infra sector
GMR Infrastructure has signed a memorandum of understanding (MoU) with the Japan Bank for International Cooperation (JBIC)
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Adani plans 5,000 MW power plants
Gautam Adani plans to acquire power plants with a total capacity of 5,000 MW. The Group is in talks with several power sector players, including GMR, Lanco, Indiabulls, Avantha Power and Athena