Published - March 09, 2019 10:03 pm IST - New Delhi
GMR Infrastructure said its subsidiary had bagged a contract to manage the Nagpur airport.
“With regard to privatisation of Nagpur Airport, we wish to update that GMR Airports Limited has received the formal letter of award from MIHAN India Limited, the concessioning authority for the Nagpur Airport, towards the development, operations and management of Dr. Babasaheb Ambedkar International Airport, Nagpur,” the firm said.
The award comes with a revenue share pact of 14.49% of gross revenues.
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