GMR lines up Rs 40 billion loan to build Vizag airport
AVIATION & AIRPORTS

GMR lines up Rs 40 billion loan to build Vizag airport

GMR has arranged a Rs 40 billion loan for the construction of a Greenfield international airport at Vizag. The Vizag airport will be GMR's fourth major airport in India after Delhi, Hyderabad and Goa. An India Infrastructure Finance Company (IIFCL)-led consortium is financing GMR's latest airpo...

GMR has arranged a Rs 40 billion loan for the construction of a Greenfield international airport at Vizag. The Vizag airport will be GMR's fourth major airport in India after Delhi, Hyderabad and Goa. An India Infrastructure Finance Company (IIFCL)-led consortium is financing GMR's latest airport venture, which is to be built in three phases, the first of which is set to accommodate 6 million passengers. The airport will accommodate 40 million passengers a year after completion of all the  three phases.Contact: GMRTel: 011 42532600 Website: www.gmrgroup.in

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