GMR gets Rs. 1,330 cr loan from Axis Bank for developing Mopa airport

7/10/2017
  • GMR Goa International Airports Ltd, a subsidiary of GMR Airports Ltd, has executed a debt facility agreement for the development of Greenfield airport at Mopa. The foundation stone for the project was subsequently laid by the Prime Minister, Narendra Modi, on November 13, 2016.
  • The entire debt of Rs. 1,330 crore was underwritten by Axis Bank on a long tenor door to door basis of 18 years on competitive terms.
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