Latest news with #GHIAL
Hans India
10-06-2025
- Business
- Hans India
Rajiv Gandhi International Airport Terminal Earns LEED Platinum for Eco-Friendly Design
GMR Hyderabad International Airport Ltd. (GHIAL) has announced that the expanded terminal at Rajiv Gandhi International Airport (RGIA) has earned the LEED Platinum certification. This is a top-level award from the U.S. Green Building Council for green buildings. The terminal scored 84 points, making it one of the most eco-friendly airports in the world. GHIAL was recognized for saving energy, using water wisely, managing resources well, and keeping good air quality inside the building. The new terminal added about 379,370 square meters to the old one and was built with care for the environment. The building uses energy-saving heating and cooling systems, good insulation, and LED lights with sensors to save power. Water is saved through rainwater collection, low-flow taps, and planting drought-resistant plants. Materials with recycled content were used and chosen from nearby places to reduce pollution. The airport uses paperless boarding and self-check-in for bags to cut waste. An intelligent system controls energy use and air quality, following LEED rules. Mr. Indana Prabhakara Rao from GMR Group said this award shows their strong focus on making green buildings. GHIAL is committed to running energy-saving and eco-friendly airports while giving good services. This achievement shows how smart design and care for the planet can work together. LEED is a worldwide standard for green buildings. This award makes GHIAL a leader in building eco-friendly airports and shows their promise to protect the environment.
Mint
22-05-2025
- Business
- Mint
GMR Airports share price rises 2% on this acquisition update, ahead of Q4 Results, amid weak markets
Stock Market today: GMR Airports share price gained 2% during the intraday trades on Thursday, ahead of Q4 Results, on this acquisition update. Then gains were despite weak markets when S&P BSE Sensex corrected more than 1% during the intraday trades. The Check Updates GMR Airports Ltd intimated the National Stock Exchange and the BSE or the Bombay Stock Exchange on Wednesday 21 May 2025 but after the market hours about the acquisition update. GMR Airports in its intimation wasabout Agreement to acquire equity stake in ESR GMR Logistics Park Private Limited ('EGLPPL') by GMR Hyderabad International Airport Limited ('GHIAL'). The GMR Airports in its release said that GMR Hyderabad International Airport Limited(a Subsidiary of the GMR Airport) has entered into a Share Purchase Agreement (SPA) to acquire 70% stake in its associate company, ESR GMR Logistics Park Private Limited, with other shareholders of EGLPPL. The consideration for the acquisition is up to ₹ 41.33 crores at a fair value, which has been determined by an independent valuer. The acquisition is anticipated to be completed in a month, provided that specific precedents are met and approvals are obtained. A 30% share in EGLPPL is currently held by GMR Hyderabad Aerotropolis Limited, a fully owned subsidiary of GHIAL. EGLPPL would become a fully owned subsidiary of GHIAL after the deal was completed. EGLPPL, a GHIAL affiliate firm that was established on December 20, 2018, is involved in the construction of a logistics and storage park in Hyderabad. For the fiscal years 2024, 2023, and 2022, EGLPPL's turnover was Rs. 26.77 crores, Rs. 7.35 crores, and Rs. 7.83 crores, respectively. Meanwhile a meeting of Board of Directors of GMR Airports is scheduled on 22/05/2025 ,inter alia, to consider and approve the Audited Financial Results of the Company (Standalone and Consolidated) for the quarter and year ended March 31, 2025. GMR Airports shares opened at ₹ 87.50 on the BSE on Thursday. At the time of opening the GMR Airports share price was lower than the previous days closing price of ₹ 87.58 for GMR Airports shares. The GMR Airports share price however gained to intraday highs of ₹ 89.35 marking intraday gains of 2% amid weak market. The GMR Airports share price closed at 88.97 almost 1.6% higher on the BSE ahead of Q4 results to be announced soon Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
