GMR Infrastructure Restricted has mentioned its subsidiary GMR Hyderabad Worldwide Airport Restricted issued Letter of Intent to award to Larsen & Toubro Restricted and Megawide Development Company to hold out some airport growth works value Rs 30.28 billion and Rs 9.8 billion respectively.
In line with a submitting with the bourses, GMR mentioned the work associated to growth of terminal constructing and airside infrastructure contracts and the works have been awarded via worldwide aggressive bidding on L1 foundation.
“That is to tell that GMR Hyderabad Worldwide Airport Restricted (GHIAL), a subsidiary of the corporate, working Rajiv Gandhi Worldwide Airport is increasing terminal constructing, airside infrastructure and allied infrastructure to realize 34 million annual passenger (MAP) throughput from the present design capability of 12 MAP,” GMR mentioned yesterday.
The growth works are anticipated to be accomplished in 42 months from the date of award, GMR additional mentioned.
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