Moneycontrol
HomeNewsBusinessIndian-Greek venture offers 480 mn euros to build Crete airport
Trending Topics

Indian-Greek venture offers 480 mn euros to build Crete airport

The venture submitted last year the sole bid to build the new airport at Kasteli, a public-private partnership project.

April 12, 2017 / 12:56 IST
Story continues below Advertisement
airports

A joint venture of India's GMR Infrastructure and Greece's construction group GEK TERNA offered 480 million euros (USD 509.42 million) to build a new airport on the island of Crete, sources close to the project said on Wednesday.

The venture submitted last year the sole bid to build the new airport at Kasteli, a public-private partnership project.

Story continues below Advertisement

"The financial offer was unsealed on Tuesday," one of the sources told Reuters on condition of anonymity.

first published: Apr 12, 2017 12:41 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!