GMR Infra wins contract to build Kakinada commercial port

GMR Infrastructure said its unit Kakinada SEZ Ltd has won the contract to create a greenfield, commercial port in East Godavari District of Andhra Pradesh. The Greenfield Port would be located at around 30 Km North from the city of Kakinada and proposed to be developed as an all-weather, deep draft, multi-cargo port, the infrastructure […]

GMR closes funding for Mopa Airport, Axis Bank underwrites debt

GMR Goa International Airports Limited said it closed funding for the upcoming Mopa Airport in Goa, with Axis Bank underwriting the entire debt of Rs 1,330 cr. “Having tied up funding for the project, we are working towards starting on ground construction activity post monsoon,” said Srinivas Bommidal, chairman of GMR Airports. “We are confident […]