GMR plans Rs.5 bn investment for metro rail-link to Hyderabad Airport

GMR group, which operates Rajiv Gandhi International Airport (RGIA) in Hyderabad, plans to invest around Rs.5 bn in a metro-rail link project worth Rs.50 bn, which the Telangana Government proposed to connect to the airfield from various parts of the city. The aerodrome operator will invest Rs.5.195 bn by 2024, as indicated 
by a consultation paper on the tariff revision for the third control period from April 2021 to March 2026 that GMR Hyderabad International Airport has proposed and the Airports Economic Regulatory Authority has issued.

Contact: GMR Group.

Website: www.gmrgroup.in

Related Stories

Nagpur Airport Expansion Gets Approval as MADC Transfers 786ha Land
Abu Dhabi Investment to Invest $750M in GMR Group's Debt
GMR to Develop 1,500-Acre Aerocity Projects
CRDA Approves Rs 17.32 Bn Tenders for Housing and Infra
Prestige Estates Nets Rs 30 Bn in NCR Debut Launch