SC upholds GMR Infra winning bid for Nagpur airport

SC (Supreme Court) has dismissed appeals against Bombay Supreme Court, which had previously granted GMR Group concession rights to Nagpur airport. The bank of Nagpur had last year directed the multimodal international cargo hub and airport of Nagpur, or Mihan, to execute the concession agreement with GMR Airports for the upgrade and operation of the city's Babasaheb Ambedkar International Airport.

Mahan India had canceled the award to GMR Group in 2020 because the government of Maharashtra was not satisfied with the revenue share quoted by GMR in the tender. Mihan then decided to launch a new tender, resulting in a joint venture between Maharashtra Airport Development Company and the Airports Authority of India.