GMR gets permission to operate Hyderabad airport for 30 more years, till 2068
GMR Hyderabad International Airport Limited announced on Wednesday that it had received permission to operate Hyderabad’s Rajiv Gandhi International Airport for a further period of 30 years.
In a statement, the company confirmed the receipt of a letter of confirmation from the Ministry of Civil Aviation extending the term of the December 20, 2004, concession agreement for operating the airport for a further period from March 23, 2038, up to March 22, 2068.
The airport is India’s first greenfield airport built under public-private partnership. Commissioned in a record time of 31 months and inaugurated in March 2008, the airport had an initial capacity of 12 million passengers per annum. In 2019, before Covid, it went up to 21 million passengers.
