GMR Takes Charge Of Delhi Cargo Hub After Celebi Clearance Revoked

GMR Airports Ltd. said on Friday it has been directed to manage the existing cargo terminal at Indira Gandhi International Airport. The company’s subsidiary, Delhi International Airport Ltd., received a directive from the Ministry of Civil Aviation on Thursday revoking the security clearance of Turkey-based Celebi group entities operating in India, citing national security concerns.

Following this, Delhi Airport terminated its concession agreement with Celebi. To ensure smooth operations, the concession has now been granted to GMR Airports on the existing terms.

GMR Airports already holds the necessary security clearance as a regulated agent to handle cargo business at airports, the company said in an exchange filing.