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gvk power & infrastructure (GVKPIL) Snapshot

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gvk power & infrastructure (GVKPIL) Details

GVK Power and Infrastructure Limited, together with its subsidiaries, provides operating and maintenance, manpower and consultancy, and incidental services to the owners of power plants, airports, and infrastructure companies in India and internationally. The company is involved in the development, operation, and maintenance of power projects from gas and naphtha, hydro, and thermal energy sources in the states of Andhra Pradesh, Punjab, Uttarakhand, and Jammu and Kashmir. It also builds and develops highway projects; mines for coal; promotes, constructs, develops, and operates international and domestic airport projects; develops, operates, and maintains infrastructure facilities; and explores for oil and natural gas. In addition, the company is engaged in the business of infrastructure projects, and investment in power projects. Further, it operates hotels and resorts in Hyderabad, Chandigarh, and Chennai. Additionally, the company provides analytical, biology, chemistry, clinical research, clinical pharmacology, and informatics research services, as well as process research and contract manufacturing services. GVK Power and Infrastructure Limited was incorporated in 2005 and is headquartered in Secunderabad, India.

Founded in 2005

gvk power & infrastructure (GVKPIL) Top Compensated Officers

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gvk power & infrastructure (GVKPIL) Key Developments

GVK Power & Infrastructure Limited Appoints Santha K John as Additional Director

GVK Power & Infrastructure Limited announced that the Board of Directors of the company, based on the recommendations of the Nomination & Remuneration Committee, through a Circular Resolution has appointed Ms. Santha K John as an additional director (Independent) of the company for a term of 5 years from March 31, 2015 to March 30, 2020, subject To Approve the shareholders.

GVK Airport Developers Considers Multiple Options To Reduce Debt

GVK Power and Infrastructure Limited (BSE:532708) responded to the clarification on a news article sought by Bombay Stock Exchange. GVK Power said that GVK Airport Developers Pvt. Ltd., a wholly owned subsidiary of GVK Power is exploring multiple options over a period which includes raising capital through PE Investors, an initial public offering among others to reduce its debt burden.

GVK Power and Infrastructure Plans IPO For Airport Unit

There are reports that GVK Power and Infrastructure Limited (BSE:532708) is likely to file a draft prospectus for an up to $250 million public offer of its airport unit soon. GVK has mandated Citigroup, Bank of America-Merrill Lynch, Axis Capital and JM Financial Services to manage the IPO, the Reuters report suggests.


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