GMR group will be able to operate the Nagpur airport with the Bombay High Court ruling in its favour in a legal dispute against Mihan India Limited.
The Nagpur bench of Bombay High Court today set aside Mihan's March 2020 order to cancel the award letter issued to GMR group. The court has also ordered it to execute a concession agreement with the GMR group in six weeks. The group plans to invest over Rs 1,200 crore to build a new integrated terminal, sources said.
The GMR group operates Delhi and Hyderabad airports and is also constructing greenfield airpots in Goa and