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Hyderabad International Airport expansion

Sector: Airport • Location: India

Source: World Bank Group

Project
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The financing will be used for the expansion of the capacity of Hyderabad International Airport from 12 million passengers per year to 34 million. Total investment stands at $ 377.84 million. SPV is GMR Hyderabad International Airport Ltd, a wholly owned subsidiary of the sponsor of the project GMR Group. $ 300 million are secured via bond financing. GHIAL signed the Concession Agreement with the

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The project “Hyderabad International Airport expansion” is an infrastructure initiative in the Airport sector, located in India. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The financing will be used for the expansion of the capacity of Hyderabad International Airport from 12 million passengers per year to 34 million. Total investment stands at $ 377.84 million. SPV is GMR Hyderabad International Airport Ltd, a wholly owned subsidiary of the sponsor of the project GMR Group. $ 300 million are secured via bond financing. GHIAL signed the Concession Agreement with the Ministry of Civil Aviation (MoCA) on December 20, 2004 for a period of 30 years from the Airport Opening Date (i.e. March 23, 2008). The concession is extendable for an additional period of 30 years at the option of GHIAL. Financial close took place on April 10, 2019. https://www.thenewsminute.com/article/hyderabads-rgia-airport-expand-plan-gets-environmental-clearance-centre-63628 http://www.environmentclearance.nic.in/writereaddata/Online/TOR/08_Sep_2018_1209269804JZFZ8J5Annexure-Pre-feasibilityreport.pdf WB Library files https://www.thehindu.com/business/gmr-raises-300-mn-via-bonds-for-hyderabad-airport-expansion/article26737826.ece

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