{"id":623970,"date":"2023-12-22T12:39:29","date_gmt":"2023-12-22T07:09:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=623970"},"modified":"2023-12-22T12:39:29","modified_gmt":"2023-12-22T07:09:29","slug":"niif-to-invest-rs-6-75-billion-on-greenfield-airport-at-bhogapuram","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/niif-to-invest-rs-6-75-billion-on-greenfield-airport-at-bhogapuram\/","title":{"rendered":"NIIF to invest Rs 6.75 billion on greenfield airport at Bhogapuram"},"content":{"rendered":"<p>VISAKHAPATNAM: National Investment and Infrastructure Fund (NIIF) is set to invest up to Rs 6.75 billion in the greenfield airport at Bhogapuram, which is being developed by GMR Airports Limited (GAL), a subsidiary of GMR Airports Infrastructure Limited.<\/p>\n<p>GAL and NIIF inked binding agreements for investment of the sum in GMR Visakhapatnam International Airport Limited (GVIAL), a special purpose vehicle established to develop and operate the Bhogapuram International Airport.The investment is part of the financial partnership announced on December 7 between the parties, in relation to investment by NIIF in the equity capital of three airport projects of GMR Airports Limited.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VISAKHAPATNAM: National Investment and Infrastructure Fund (NIIF) is set to invest up to Rs 6.75 billion in the greenfield airport at Bhogapuram, which is being developed by GMR Airports Limited (GAL), a subsidiary of GMR Airports Infrastructure Limited. GAL and NIIF inked binding agreements for investment of the sum in GMR Visakhapatnam International Airport Limited (GVIAL), a special purpose vehicle established to develop and operate the Bhogapuram International Airport.The investment is part of the financial partnership announced on December 7 between the parties, in relation to investment by NIIF in the equity capital of three airport projects of GMR Airports [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[208,130,143],"tags":[],"class_list":["post-623970","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/623970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=623970"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/623970\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=623970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=623970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=623970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}