Airports Business FY21 Highlights
Strategy Going Forward for FY22
GAR
1. Complete the Demerger within FY22 (Create two listed pure-plays)
2. Further reduction of debt through monetization of assets/businesses
3. Remaining debt to be refinanced through dollar bonds at GIL (similar to DIAL &
GHIAL)
4. Bidding for new airports within India and South East Asia
5. Actively looking at development of adjunct Airport Services businesses
6. Looking at entering new businesses in the space of Energy once the business is
demerged into another listed entity - GPUIL
7. Re-energise the gas plants, now that availability of gas has increased – to create
immediate ROE's & cash flows
8. Work with renewable energy companies for a tie-up under new tariff policy
9. Complete the last leg of sale of Kakinada SIR and accelerate sale of land parcels
in the Krishnagiri SEZ
Humility | Entrepreneurship I Teamwork and Relationships | Deliver the Promise I Learning and Inner Excellence I Social Responsibility I Respect for Individual
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