GMR Rajahmundry Energy executes resolution plan

GMR Rajahmundry Energy executes resolution plan GMR Infrastructure on Friday announced execution of a bilateral resolution plan between its associate company GMR Rajahmundry Energy Ltd (GREL) and the lenders. “The resolution plan has been approved by 100 per cent of…

GMR as highest bidder for greenfield airport in AP

GMR Airports Limited has emerged as the highest bidder for development, operations and management of a greenfield international airport in Andhra Pradesh. The initial investment for phase one is estimated at Rs 2,300 crore, GAL’s parent company GMR Infrastructure informed…

Concession pact signed between GMR-TERNA JV for new airport in Greece

GMR-TERNA JV signs concession agreement for the new airport in Greece GMR Airports and its Greek partner TERNA on Friday signed a concession agreement for design, construction, financing, operation, and maintenance and exploitation of a new international airport at Crete…