GPUIL acquired the non-airport business of the GMR Group from GIL and has "some of the best-in-class infrastructure assets in India, which include state-of-the-art power plants and renewable energy assets, highways, and special investment regions"
A final decision on whether to scrap the privatisation process entirely will be taken by the end of this month since August 31 is the deadline for bidders to submit RFQs.
GMR Infrastructure Ltd is likely to see three private equity firms invest close to Rs 15 billion in its unit GMR Airport Holdings, which runs the Delhi and Hyderabad airports, the Economic Times said on Thursday.
