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GMR Hyderabad Aviation SEZ inks lease agreement with Safran Aircraft Engines for MRO
Infrastructure - Jul 18,2023 -Safran Aircraft Engines Services India Pvt. Ltd., a subsidiary of Safran, and GMR Hyderabad Aviation SEZ Limited (GHASL), a GMR Group company, recently signed a land lease agreement to lease land to the Paris-based aerospace company for the construction and operation of the Engine MRO facility for LEAP turbofan engines.
According to a GMR news statement, the facility will take up about 36,500 square metres of built-up space distributed across 23.5 acres of the land parcel within the SEZ region of this GMR Aerospace and Industrial Park.
The facility will initially have the capacity to service 100 engines per annum, which will gradually increase, to around 300 engines by 2035. It will also generate ample employment opportunities in the state of Telangana, a GMR official said.
The construction of the facility will commence in September 2023. The facility is expected to be handed over in December 2024. This facility in Hyderabad will be the largest MRO (maintenance, repair and overhaul) centre in the Safran Aircraft Engines network, it said, adding operations are set to commence in 2025 and will provide employment to about 1,000 workers at its peak operation capacity.
Company : GMR GroupGMR Hyderabad Aviation SEZ
Safran Aircraft Engines Services India
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