Gmr Contract

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  GMR, GEK Terna Bag Contract For 850 Million Euro Greek Airport

  The contract will be GMR Group's second foray into Europe after developing Istanbul's Sabiha Gokcen airport.

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  GMR Infra Surges 10% After Bagging Goa's Mopa Airport Contract

  The GMR Group also owns and operates Delhi's Indira Gandhi International Airport as well as Hyderabad airport.

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  GMR Wins Contract For Goa's Greenfield Airport Project

  GMR Airports Limited (GAL), a subsidiary of GMR Infrastructure Limited has won the international competitive bid for development and operation of the Mopa greenfield airport in North Goa.

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  GMR Claims $803 Million for Termination of Male Airport Contract

  According to filing with bourses, the Indian infra major said, in addition to that, a plea for award of further damages for loss of reputation caused to GMR as a consequence of wrongful repudiation of the Concession Agreement has also been made to the Arbitral Tribunal in Singapore.

• GMR Infra Consortium Wins Rs 389 Cr Rail Contracts in Andhra Pradesh

  GMR Infrastructure today said a consortium led by it has won contracts worth Rs 389 crore in Andhra Pradesh from Rail Vikas Nigam Ltd.

• GMR sticks to $1.4-billion claim for Male contract termination

  Amidst a legal tussle on between GMR and the Maldivian government over termination of a contract to develop Male international airport, the Indian infrastructure firm has said it stands by its compensation claim of $1.4 billion.

• GMR, Megawide Group set to win $400 million Philippine airport contract

  The consortium beat six others at an auction on Thursday by offering a premium of 14.4 billion pesos for the project at Mactan-Cebu International Airport, one of several infrastructure projects offered under a public-private partnership scheme.

• GMR to file technical bid for Philippines airport project

  The successful bidder will be awarded a 20-year concession contract to operate, while the project will be developed in two phases at an estimated cost of 17.5 billion peso.

• GMR-Maldives arbitration over Male airport to commence next year

  Arbitration proceedings in the airport contract row between Maldives and GMR Group will commence in the middle of next year though an exact date has not been finalised yet.

• GMR appoints arbitrator in tussle with Maldives government

  GMR is seeking $800 million in damages after the Maldives government terminated its contract to operate the Ibrahim Nassir International Airport in Maldives.

• GMR, GVK exiting mega projects due to unviability, not delay in clearances: NHAI

  Infrastructure players GMR and GVK are walking out of mega road contracts as they are unable to arrange funding for those projects, and not on account of delays in environment clearance or regulatory hurdles as cited in their notices, National Highways Authority of India (NHAI) said today.

• NHAI plans legal action against GMR Infrastructure for terminating highway contract

  The National Highways Authority of India today said it is planning legal action against GMR Infrastructure after the latter today officially announced that its subsidiary, GMR Kishangarh Udaipur Ahmedabad Expressways, has terminated a contract with the highways authority for building the Kishangarh-Udaipur-Ahmedabad highway.

• Indian aviation sees yet another year of turbulence in 2012

  Indian aviation industry witnessed tumultuous developments in 2012 with the grounding of Kingfisher Airlines and financial trouble hitting Air India and other carriers even as a prestigious airport project contract bagged by a leading Indian infra firm was terminated by the Maldivian government.

• Top five business failures of 2012

  India Inc. was rocked by big controversies and redeemed by some super-success stories in 2012. Stories of piling debt, mismanagement and lost contracts made headlines and reminded us of corporates who struggled to find their footing in the year gone by. 2012 was a tough year for many, but some corporations faced the heat far more than others.

• Male airport contract: Maldives government appoints arbitrator

  The company is seeking over $800 million from Maldives for the termination of the $511 million (Rs 2,768 crore) contract deal, but Male is insisting on a "forensic audit" as it feels the actual amount would be less than half.