CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many crores did the GMR Airports loan from Axis Bank for developing Mopa airport?
A
500 crores
B
750 crores
C
650 crores
D
1330 crores
Explanation: 

Detailed explanation-1: -Panaji/Hyderabad: The GMR Group, which has bagged the contract to build a greenfield airport at Mopa in north Goa, on Monday secured funding worth Rs1, 330 crore from Axis Bank for developing the Rs3, 000-crore new international airport in the tourist state.

Detailed explanation-2: -GMR Goa International Airport Limited, India GMR Goa International Airport Limited (GGIAL), a subsidiary of GMR Airports Limited (GAL), developed New Goa Manohar International Airport at Mopa in North Goa.

Detailed explanation-3: -The configuration of the airside facilities and terminal facilities is done based on traffic projections. Phase I of the construction will be completed by December 2022, enabling the airport to cater to 44 lakh passengers per year. Further, expansion will be as per requirements.

Detailed explanation-4: -Current Status Goa’s Mopa Airport was inaugurated and opened in December 2022 by Prime Minister Narendra Modi. Commercial operations will start in early 2023.

Detailed explanation-5: -Presently, the group owns and operates Delhi International Airport, Hyderabad International Airport, and New Goa Manohar International Airport.

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