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The construction cost of phase I of Navi Mumbai Airport is expected to go up by nearly 50 per cent to Rs 13,562 crore from earlier projected cost of Rs 9,600 crore.

GMR emerges highest bidder for Nagpur Airport project

GMR Airports Limited has submitted the highest revenue share bid and expecting Letter of Award shortly.

1 Oct 2018 1:12 PM IST

Railway Minister Suresh Prabhu.

Policy to give thrust to air cargo to be drafted soon: Prabhu

The first phase of the airport is expected to be completed by 2020.

14 April 2018 6:00 PM IST

The investment of Rs 8,000 crore will comprise Rs 1,000 crore equity infusion in GMR Airports and Rs 7,000 crore towards purchase of GMR Airports equity shares from GMR Infrastructure and its subsidiaries.

Tatas to enter airport biz with GMR stake buy

Deal will help the company cut its debt and also provide an exit for private equity investors.

28 March 2019 1:57 AM IST