GMR Airports Sees its Portfolio Growing as the World Moves Towards Recovery

Justin Lee

Singapore

February 13, 2022

1024px Indira Gandhi International Airport   October 2018

Based in New Delhi in India, GMR Group is a global infrastructure conglomerate with interests in the airport, energy, transportation and urban Infrastructure sectors. Through GMR Infrastructure Limited, the company is listed on the Bombay Stock Exchange.

Source: Wikimedia Commons

GMR Group manages its India and overseas airport assets through GMR Airports Limited (GAL) and its subsidiaries. GMR Airports Limited itself is partially-owned by France’s Groupe ADP, which holds a 49% in the company. India

  • Delhi International Airport Limited. Delhi International Airport Limited ( DIAL) is a joint venture, formed as a consortium between GMR Airports Limited (54%), Airports Authority of India (26%), and Fraport AG & Eraman Malaysia (10% each) to own and operate Indira Gandhi International Airport serving India’s capital city of New Delhi.

    Source: Wikimedia Commons

  • GMR Hyderabad International Airport Limited. GMR Hyderabad International Airport Limited (GHIAL) is a joint venture that owns and operates Rajiv Gandhi International Airport in Hyderabad. GHIAL has also signed a concession agreement to commission, operationalize and maintain the Civilian Enclave at Bidar Airport in North Karnataka. Apart from GMR Airports Limited, which has a 63% stake in the joint venture, other shareholders of GHIAL include Malaysia Airports Holdings Bhd (11%), Airports Authority of India (13%) as well as the State Government of Telangana (13%).
  • GMR Goa International Airport Limited. GMR Goa International Airport Limited (GGIAL) is a a 100% subsidiary of GMR Airports Limited (GAL) that is developing a Greenfield Airport at Mopa in North Goa. The Airport Project is based on the Public Private Partnership (PPP) model.
  • GMR Visakhapatnam International Airport Limited. GMR Visakhapatnam International Airport Limited (GVIAL) is developing a Greenfield International Airport at Bhogapuram, Vizianagaram in Andhra Pradesh. This Airport Project is based on the Public Private Partnership (PPP) model.

Overseas

  • GMRMegawide Cebu Airport Corporation. GMR-Megawide Cebu Airport Corporation (GMCAC) is a consortium between Megawide Corporation and GMR Airports Limited that has been formed to manage and develop the Mactan Cebu International Airport for 25 years under the Philippine government’s Public Private Partnership program.
  • GMR-TERNA Consortium. GMR Airports Limited is in a partnership with Greece’s TERNA Group for the development, operations and management of Heraklion International Airport serving the city of Crete in Greece. Creation of the GEK-Terna consortium was facilitated by Modalis during the bid stage of the project
  • GMR Airports Netherlands BV. In December 2021, through GMR Airports Netherlands BV, GMR Group entered into 49:51 partnership with AP II to for the development and operation of Kualanamu International Airport (Project) in Medan in Indonesia over a 25-year period.

Subscriber-only content. You must be signed in and have a subscription plan to view this information.

Not a member of airportIR?

Subscribers receive access to value-added content including the latest Deal Pipeline intel, in-depth feature articles and analysis, operator profiles, industry insights, reports and much more.

What's Included

  • In-depth deal pipeline content
  • Feature articles and analysis
  • Detailed operator profiles
  • Industry insights, reports and much more

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus. Pellentesque quis sagittis diam. Fusce congue pulvinar interdum. Curabitur porta libero enim, ullamcorper condimentum diam accumsan quis. In tempor egestas risus, id congue nibh cursus in. Cras sollicitudin fermentum orci et eleifend.

Nam eget imperdiet risus, at luctus nulla. Nullam porttitor, est quis viverra fringilla, ipsum velit tincidunt massa, vel egestas lacus velit eget mauris. Proin finibus condimentum tellus, in commodo felis dapibus a. Curabitur luctus et sapien a dapibus. Mauris faucibus dapibus justo vitae varius. Proin quis mauris eros. Curabitur tincidunt feugiat dignissim.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus.