GMR Infrastructure’s arm GGIAL has successfully executed debt facility agreement for the development of Greenfield airport at Mopa. The bank will provide loan of Rs 1,330 crore for the development of the project. GMR Goa International Airports (GGIAL) is a subsidiary of GMR Airports and a step down subsidiary of the company.
GMR Airports had won the bid to develop & operate the Greenfield airport at Mopa in North Goa last year and the concession agreement was signed on November 08, 2016.
GMR Group is a leading global infrastructure conglomerate with interests in Airport, Energy, Transportation and Urban Infrastructure.
