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Tag "GMR"

CCI approves stake sale in GMR Airports to France’s ADP

CCI approves stake sale in GMR Airports to France’s ADP

🕔20:47, 21.Feb 2020

New Delhi, Feb 21  The Competition Commission of India (CCI) has approved the sale of 49 per cent stake in GMR Airports to France’s Groupe ADP through the green channel mechanism. Green channel is an automatic approval system, whereby a

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GMR Infra to sell 49% in airports arm to Groupe ADP

GMR Infra to sell 49% in airports arm to Groupe ADP

🕔06:45, 21.Feb 2020

New Delhi, Feb 21 GMR Infrastructure Ltd (GIL) has entered into a strategic partnership with France’s Groupe ADP to sell 49 per cent stake in its airports arm for an equity consideration of Rs 10,780 crore. GIL signed a share

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AAI to bid for Greater Noida airport, compete with partner GMR

AAI to bid for Greater Noida airport, compete with partner GMR

🕔06:50, 14.Oct 2019

New Delhi, Oct 14  State-run Airports Authority of India (AAI) and GMR group, the joint venture partners running the Delhi airport, could turn competitors as the bidding process for the Greater Noida airport begins. Official sources said the AAI is

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Adani Power completes GMR Chhattisgarh Energy’s acquisition

Adani Power completes GMR Chhattisgarh Energy’s acquisition

🕔07:39, 3.Aug 2019

Mumbai, Aug 3  Private sector thermal power producer Adani Power on Friday said that it has completed the acquisition of GMR Chhattisgarh Energy (GCEL). According to the company, the acquisition of GCEL was concluded at an enterprise valuation of approximately

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Nepal, India begin talks to build 6,720 MW power project

Nepal, India begin talks to build 6,720 MW power project

🕔10:21, 23.Sep 2014

Kathmandu, Sep 23  Three days after Nepal and Indian infrastructure major GMR sealed a deal to develop the 900 MW Upper Karnali hydropower project in the Himalayan nation, senior officials from the two neighbours Monday resumed talks to build another

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GMR venture in Philippines to give wings to airport

GMR venture in Philippines to give wings to airport

🕔10:15, 8.Sep 2014

Cebu (Philippines), Sep 7 Cebu City in central Philippines is eagerly waiting for Indian infrastructure major GMR to upgrade and renovate its existing airport and build a brand new one to accommodate the ever increasing tourist inflow, a top Philippines

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