GMR Infrastructure’s subsidiary -- GMR Airports (GAL) has emerged as the highest bidder for the Development, Operations and Management of Greenfield International Airport at Bhogapuram in the state of Andhra Pradesh (AP) on a PPP basis.
Andhra Pradesh Airports Development Corporation (APADCL) had initiated the RFP process for new airport at Bhogapuram in November 2018. The project involves design, build, finance, construction, development, up-gradation, modernization, operation and maintenance of the Bhogapuram airport for a period of 40 years. As part of the qualification process, APADCL had shortlisted seven applicants namely GMR Group, GVK, Dolt Infra, I-Investment, NIIF, Essel and Reliance Infra. However only GMR Group, GVK and Dolt Infra submitted their financial bids.
GMR Infrastructure is engaged in generation of power, mining and exploration activities, development of highways, infrastructure development, such as development and maintenance of airports and special economic zone; construction business, including engineering, procurement and construction (EPC) contracting activities and operation of airports and special economic zones.
