IndiaCatalog.com
India News
Search Web Directory
News Home
GMR Infrastructure to develop new international airport in Crete island, Greece
Posted on 7th June 2017
EW DELHI: GMR Infrastructure today said its subsidiary GMR Airports has been selected to develop, operate and manage the new international airport in Heraklion, Crete island of Greece, in partnership with Greek infrastructure major TERNA SA.

"GMR Airports will be the designated airport operator in the consortium for this project. Greece is a major international tourist destination, with 24 million tourists per annum," GMR Infrastructure said in a BSE filing.

Crete is the largest and the most visited island in Greece. Heraklion Airport, located in Crete, is the second largest in Greece and has witnessed steady traffic growth in the last 3-4 years.

The existing Heraklion Airport is handling over 6 million passengers annually and facing capacity constraint. The new Kastelli Airport, once completed, will replace Heraklion airport.

The scope of the project involves design, construction, financing, operation, and maintenance and exploitation of the New Heraklion Crete International Airport.The concession period for the Greenfield project will be 35 years including phase 1 construction of 5 years.

GMR Airports Business Chairman Srinivas Bommidala said: "The airport is in line with the asset lite strategy we have adopted for overseas expansion and will see GMR participate in project management and commercial management in addition to airport operations."

Related Companies: GMR Group   

Other Latest News
SC declines to pass order on women's pleas seeking safe entry in Sabarimala
Posted on 13th December 2019

The Supreme Court on Friday declined to pass any order on the pleas by two women activists seeking a direction to the Kerala government to ensure safe entry of women in the Sabarimala temple under police protection.

The top court said the issue was very emotive and it did not want the situation to become explosive.


Banks surge on report govt may raise bond investment limit for FPIs to 10%
Posted on 13th December 2019
Banking counters such as IDBI Bank, State Bank of India (SBI), YES Bank, and ICICI Bank, were trading higher on Friday after reports suggested that the government is considering increasing the government bond investment limit of foreign portfolio investors (FPIs) to at least 10 per cent of the outstanding, from 6 per cent now, with an aim to incorporate local bonds into global bond indices.

According to a Business Standard report, the central bank, however, wants the government to go slow and first check how the currency risk is covered from the issuer perspective, before increasing the limits further.


Delhi court to hear Nirbhaya gangrape case today, convicts to appear via video conferencing
Posted on 13th December 2019

The hearing in the 2012 Nirbhaya gangrape-murder case will be conducted in Delhi's Patiala Court on Friday with the four convicts appearing via video conferencing. The decision was taken citing security reasons and a threat to their lives by the enraged public over the rise in the number of rape incidents in the country. The hearing is scheduled to begin at 10 AM.

Currently, the court is hearing a plea filed by the victim's parents seeking execution of all the convicts to be expedited. Counsel for Nirbhaya's parents, Seema Kushwaha, had sought issuance of death warrant against them without any delay.


Airports to railway stations: Gold smuggling peaks in India as prices climb
Posted on 13th December 2019

Surging gold prices in India are keeping customs officials on their toes.

Illegal inflows have jumped after the Indian government increased import taxes in July and prices surged to record highs in September. Customs officials have arrested people for attempting to smuggle in gold by concealing it in bags, clothes and their rectums. On one flight alone, officials caught 30 passengers trying to smuggle in 7.5 kg of gold into Chennai.


Now, Indian Railways passengers can book tickets for Kashi Vishwanath Temple at Varanasi station
Posted on 12th December 2019
Indian Railways passengers, commoners can now book tickets for visiting the Kashi Vishwanath Temple in Varanasi. In a joint initiative by the national transporter and Shri Kashi Vishwanath Temple Trust, help-desks are being opened at Varanasi Junction Railway Station, also known as Varanasi Cantt Railway Station (BSB). Minister of State for Railways Suresh Angadi officially launched the help-desk project at the station premises earlier this year.

» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Add a comment for GMR Infrastructure to develop new international airport in Crete island, Greece
Please only use this form to enter comments on the above company. All comments are reviewed before they are displayed on the web site. Not all comments may be displayed. Check back with us to see if your comments have been displayed.
If you want us to email the comments posted by users, please Subscribe by email
Name*
Comments*
Security Code*
 

Be the first person to write a business review for GMR Infrastructure to develop new international airport in Crete island, Greece

Most Read News

Now, Indian Railways passengers can book tickets for Kashi Vishwanath Temple at Varanasi station

Growth of world cities to decline in 2020-21 amid global slump: Research

Dish TV India zooms 15% after clarification on CARE ratings downgrade

UP cops arrest owners of bogus brokerage involved in Rs 4,122 cr DHFL scam

MTPL to set up off-highway tyre facility in Gujarat, invest $107 million

More India News

  India Web Directory
Business Profiles
Automotive Directory
IT/ITES/BPO Directory
Hotel Directory
Health Directory
Business Directory
Gems & Jewellery
Education Directory
Real Estate Directory
Agriculture Directory
Logistics Directory
Yellow Pages
NRI Guide
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
Home
About us
Link to us
Advertise
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2019 IndiaCatalog.com
    All Rights Reserved
Privacy Statement