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

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?