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GMR Airports signs Concession Agreement for North Goa's Greenfield Airport

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Expected to be operational by mid 2020

GMR Airports, subsidiary of GMR Infrastructure, signed the Concession Agreement with Government of Goa for the development and operation of north Goa's Greenfield International Airport at Mopa.

As per the concession agreement, GMR will design, build, finance and operate the international airport for 40 years with extension option for another 20 years. The construction period for the first phase of the project is three years from the date of financial closure and is expected to be operational by mid of 2020.

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First Published: Nov 08 2016 | 12:43 PM IST

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