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NIIF to make investment of Rs 631 crore in GMR Group's Mopa airport in Goa

The investment will be made via compulsory convertible debentures in GMR Goa International Airport, the special purpose vehicle (SPV), which will operate the new airport in Goa

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This is NIIF’s first investment in an airport asset in the country and also its first in Goa.

Aneesh Phadnis Mumbai
2 min read Last Updated : Dec 07 2022 | 11:37 PM IST
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National Investment and Infrastructure Fund (NIIF) will invest Rs 631 crore in GMR group-run Mopa airport in Goa.
 
The investment was announced on Wednesday ahead of the airport inauguration by Prime Minister Narendra Modi on Sunday.
This is NIIF’s first investment in an airport asset in the country and also its first in Goa.
 

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Topics : NIIF Mopa airport Goa GMR group Investment Indian infrastructure Goa airport GMR Airports NIIF and ADIA sign investment agreement

First Published: Dec 07 2022 | 6:54 PM IST

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