GMR Airports Limited, a subsidiary of GMR Infrastructure Ltd, said it has received the Letter of Award for the development and operation of a greenfield international airport at Bhogapuram in Andhra Pradesh.
GBS Raju, Business Chairman GMR Airports said, “We are partnering with Government of Andhra Pradesh to develop, operate and manage the prestigious Bhogapuram International Airport. We are excited about the potential of this region.”
The project, about 45 km from Visakhapatnam, involves design, build, finance, construction, development, up-gradation, modernisation, operation and maintenance of an international airport at Bhogapuram for 40 years, extendable by additional 20 years through international competitive bidding with GMR Airports getting right of first refusal.
