GMR Airports Limited (GAL), a subsidiary of GMR Infrastructure Limited has secured the international competitive bid for improvement and operation of the Mopa greenfield airport in North Goa.
The projects concession period would be 40 years, with a possible extension of another 20 years via bidding.
Under the BOT (Build Operate Transfer) model, the airport would be constructed.
GMR has received the bid via a closely contested competitive bid process with Airports Authority emerging as the second highest bidder followed by the consortium of Essel Infra-Incheon.
Chairman Airports, GMR Group, Srinivas Bommidala, said: "GMR Airports Limited is delighted to have won the bid for the development and operation of Mopa Greenfield airport in Goa. We take this opportunity to reiterate our commitment to contributing to infrastructure development of India and assure the central and state governments that we will deliver an airport worthy of the state of Goa well within the project timelines."
The projects concession period would be 40 years, with a possible extension of another 20 years via bidding.
Under the BOT (Build Operate Transfer) model, the airport would be constructed.
GMR has received the bid via a closely contested competitive bid process with Airports Authority emerging as the second highest bidder followed by the consortium of Essel Infra-Incheon.
Chairman Airports, GMR Group, Srinivas Bommidala, said: "GMR Airports Limited is delighted to have won the bid for the development and operation of Mopa Greenfield airport in Goa. We take this opportunity to reiterate our commitment to contributing to infrastructure development of India and assure the central and state governments that we will deliver an airport worthy of the state of Goa well within the project timelines."