News
16 October 2023

GMR secures $480m loan for Vizag airport project

In:
Transport
Region:
Asia-Pacific

GMR Airports has secured a INR40 billion ($480 million) loan from India Infrastructure Finance Company (IIFCL) for a greenfield airport at Vizag, Andhra Pradesh.The new airport is being built on the outskirts of Bhogapuram and will be GMR's fourth major airport in the country after Delhi,...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
11 May 2026

Creative offtakes to drive Europe's BESS boom

A combination of cheaper input costs, a benevolent policy environment and plentiful equity is driving a surge in battery storage financings in Europe. But sponsors have had to...

Perspective
15 May 2026

Jabiru-1: Sky high disputes for satellite project finance

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks in an...