GMR Group to run airport in Hyderabad for additional 30 years
AVIATION & AIRPORTS

GMR Group to run airport in Hyderabad for additional 30 years

Infrastructure firm GMR Group can now handle the Rajiv Gandhi International Airport (RGIA) in Hyderabad till 2068.

The company told the media that the central government had extended GMR Hyderabad International Airport Limited's (GHIAL) period of the concession agreement for 30 years more.

It was India's first greenfield airport developed under the public-private partnership (PPP) model. The airport was commissioned in 31 months and inaugurated in March 2008.

Initially, the airport had a passenger capacity of 1.2 crore annually, which increased to 2.1 crore in 2019.

Currently, the airport is under a major expansion project, which will increase its passengers capacity to 3.4 crore annually. The airport intends to increase its capacity to 10 crore passengers annually.

The company said that it is the largest private airport operator in Asia and the second largest across the world, having a passenger handling capacity of over 18.9 crore annually. GMR Group operates airports in Delhi, Hyderabad and Cebu, Philippines.

It has recently acquired the development and operation project of Kualanamu International Aiport in Medan, Indonesia. Further, the company is developing three greenfield airport projects in Goa, Bhogapuram and Crete airports.

Image Source

Also read: GMR Infra is now India's first pure-play airports listed company

Infrastructure firm GMR Group can now handle the Rajiv Gandhi International Airport (RGIA) in Hyderabad till 2068. The company told the media that the central government had extended GMR Hyderabad International Airport Limited's (GHIAL) period of the concession agreement for 30 years more. It was India's first greenfield airport developed under the public-private partnership (PPP) model. The airport was commissioned in 31 months and inaugurated in March 2008. Initially, the airport had a passenger capacity of 1.2 crore annually, which increased to 2.1 crore in 2019. Currently, the airport is under a major expansion project, which will increase its passengers capacity to 3.4 crore annually. The airport intends to increase its capacity to 10 crore passengers annually. The company said that it is the largest private airport operator in Asia and the second largest across the world, having a passenger handling capacity of over 18.9 crore annually. GMR Group operates airports in Delhi, Hyderabad and Cebu, Philippines. It has recently acquired the development and operation project of Kualanamu International Aiport in Medan, Indonesia. Further, the company is developing three greenfield airport projects in Goa, Bhogapuram and Crete airports. Image Source Also read: GMR Infra is now India's first pure-play airports listed company

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?