GVK Industries Limited
d/b/a
A trade name, trading name, or business name, is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is a "fictitious" business name. Registering the fictitious name w ...
GVK Group is an Indian conglomerate stretching across assorted sectors comprising energy, resources, airports and transportation. Having already invested over , GVK Group has projects in pipeline worth over another in
India
India, officially the Republic of India ( Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the ...
. After acquiring Australian coal mines in
Queensland
)
, nickname = Sunshine State
, image_map = Queensland in Australia.svg
, map_caption = Location of Queensland in Australia
, subdivision_type = Country
, subdivision_name = Australia
, established_title = Before federation
, established_ ...
for 1.26 billion, GVK forecasts an investment of 10 billion in mine, rail and port project. Its flagship company GVK Power & Infrastructure Limited is listed on both
Bombay Stock Exchange
BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange. It is located on Dalal Street in Mumbai. Established in 1875 by cotton merchant Premchand Roychand, a Jain businessman, it is the oldest stock exchange i ...
(BSE) and
National Stock Exchange (NSE) as .
Businesses
Energy
GVK's energy portfolio comprises CCPP (gas/naphtha-based), thermal (coal-based) and hydro power plants.
Projects under operation
* 469 MW Gautami CCPP,
Andhra Pradesh
Andhra Pradesh (, abbr. AP) is a state in the south-eastern coastal region of India. It is the seventh-largest state by area covering an area of and tenth-most populous state with 49,386,799 inhabitants. It is bordered by Telangana to t ...
commenced operations in 2009.
* 228 MW Jegurupadu CCPP Phase 2 – 228 MW,
Andhra Pradesh
Andhra Pradesh (, abbr. AP) is a state in the south-eastern coastal region of India. It is the seventh-largest state by area covering an area of and tenth-most populous state with 49,386,799 inhabitants. It is bordered by Telangana to t ...
commenced operations in 2009
* 330 MW Srinagar HEP,
Uttarakhand
Uttarakhand ( , or ; , ), also known as Uttaranchal ( ; List of renamed places in India, the official name until 2007), is a States and union territories of India, state in the North India, northern part of India. It is often referred to as t ...
commenced operations in 2015 .
*540 MW Goindwal Sahib Thermal Power Project,
Punjab
Punjab (; Punjabi: پنجاب ; ਪੰਜਾਬ ; ; also romanised as ''Panjāb'' or ''Panj-Āb'') is a geopolitical, cultural, and historical region in South Asia, specifically in the northern part of the Indian subcontinent, comprising ...
, commenced operations in 2016
Projects under construction and development
* 850 MW Ratle Hydro Electric Project,
Jammu and Kashmir Jammu and Kashmir may refer to:
* Kashmir, the northernmost geographical region of the Indian subcontinent
* Jammu and Kashmir (union territory), a region administered by India as a union territory
* Jammu and Kashmir (state), a region administere ...
Resources
Coal
Australia:
GVK has secured 79% stake each in
Alpha Coal
The Alpha Coal Project is a coal mine and railway project in Queensland, Australia. The development is expected to cost A$6.9 billion. Coal exports would leave the country via port facilities at Abbot Point after being transported along a 4 ...
and Alpha West Coal mines and 100% stake in Kevin's Corner mines in
Queensland
)
, nickname = Sunshine State
, image_map = Queensland in Australia.svg
, map_caption = Location of Queensland in Australia
, subdivision_type = Country
, subdivision_name = Australia
, established_title = Before federation
, established_ ...
,
Australia for 1.26 billion with total resources of about 8 billion tonne and a capacity of over 80 million tonne per annum. When combined, these projects will create one of the largest coal mining operations in the world. GVK has also acquired 100% stake in a 500 km rail line and a 60 million tonne per annum port as part of the ‘pit-to-port’ logistics solution. The project proposes a total investment of 10 billion. This acquisition was awarded as “Asia Deal of the Year” and “Asia Outbound Investor of the Year” at the 8th Asia Mining Awards 2012, Singapore. GVK has received all pertinent approvals having reference to mine, rail and port projects from both the State and Federal Government and is in the culminating stages of project development.
.
Airports
India
GVK's thrust into the aviation sector set about with the modernization of
Chhatrapati Shivaji International Airport
Chhatrapati Shivaji Maharaj International Airport is an international airport serving Mumbai and the Mumbai Metropolitan Region (MMR). It is the second busiest airport in the country in terms of total and international passenger traffic a ...
(CSIA) in
Mumbai
Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the secon ...
. Further, with the acquisition of
Kempegowda International Airport
Kempegowda International Airport is an international airport serving Bangalore, the capital of Karnataka, India. Spread over , it is located about north of the city near the suburb of Devanahalli. It is owned and operated by Bengaluru I ...
(KIA) in
Bengaluru
Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most ...
, GVK has become one of the largest airport operators in the country handling a combined traffic of over 60 mppa at these two airports.
Between 2016 and 2018, GVK sold its stake in Bengaluru International Airport Limited (BIAL) to
Fairfax India. In 2021, GVK sold its operations at Mumbai International Airport Limited (MIAL) to the
Adani Group
Adani Group is an Indian multinational conglomerate, headquartered in Ahmedabad. It was founded by Gautam Adani in 1988 as a commodity trading business, with the flagship company Adani Enterprises. The Group's diverse businesses include po ...
.
Indonesia
GVK has collaborated with the Airports Authority of Indonesia, Angkasa Pura Airports (AP1), for operations, management and development of non-aeronautical commercial services at
Denpasar International Airport
I Gusti Ngurah Rai International Airport ( id, Bandar Udara Internasional I Gusti Ngurah Rai) , is the main airport in Bali, located 13 km south of Denpasar. Ngurah Rai is the second busiest airport in Indonesia after Soekarno–Hatta Int ...
,
Bali
Bali () is a province of Indonesia and the westernmost of the Lesser Sunda Islands. East of Java and west of Lombok, the province includes the island of Bali and a few smaller neighbouring islands, notably Nusa Penida, Nusa Lembongan, and Nu ...
. GVK is also developing an International greenfield airport in
Yogyakarta
Yogyakarta (; jv, ꦔꦪꦺꦴꦒꦾꦏꦂꦠ ; pey, Jogjakarta) is the capital city of Special Region of Yogyakarta in Indonesia, in the south-central part of the island of Java. As the only Indonesian royal city still ruled by a monarchy, ...
,
Special Region of Yogyakarta
The Special Region of Yogyakarta (; id, Daerah Istimewa (D.I.) Yogyakarta) is a provincial-level autonomous region of Indonesia in southern Java. It has also been known as the Special Territory of Yogyakarta.
It is bordered by the Indian Oce ...
.
Transportation
Roads:
GVK's
Jaipur
Jaipur (; Hindi: ''Jayapura''), formerly Jeypore, is the capital and largest city of the Indian state of Rajasthan. , the city had a population of 3.1 million, making it the tenth most populous city in the country. Jaipur is also known as ...
–
Kishangarh
Kishangarh is a city and a Municipal Council in Ajmer district in the Indian state of Rajasthan.
History
Kishangarh State was founded by the Jodhpur prince Kishan Singh in 1609. Prior to the rule of Kishan Singh this area was ruled by Raj ...
Expressway,
Rajasthan
Rajasthan (; lit. 'Land of Kings') is a state in northern India. It covers or 10.4 per cent of India's total geographical area. It is the largest Indian state by area and the seventh largest by population. It is on India's northwestern s ...
, the first privately operated six-lane road project with 542.4 lane km. GVK's road portfolio encompasses other projects of over 900 lane km under various stages of construction and development:
Projects under operation
* Jaipur – Kishangarh Expressway (542.4 lane km), Rajasthan
*
Deoli –
Kota
Kota or KOTA may refer to:
People and languages
*Kōta (given name), a masculine Japanese given name
*Kota Brahmin, a sub-caste of Brahmins in Karnataka
*Kota people (India), a tribe in the Nilgiri hills of Tamil Nadu, South India
**Kota language ...
Expressway (332.16 lane km), Rajasthan
Projects under construction and development
* Bagodara –
Vasad
Vasad is a town in the Anand District of Gujarat, India. It is located on the bank of the Mahi. It was formerly known as Vasudhanagari, is situated on the north bank of the Mahi and serves as a gateway to the Charotar.
Geography
Vasad is loca ...
Expressway (611.4 lane km), Gujarat
Ports
* GVK has signed an MoU with the
Government of Gujarat
The Government of Gujarat, also known as Gujarat Government, is the supreme governing authority of the Indian state of Gujarat and its 33 districts. It consists of an executive of the legislators appointed by the Governor of Gujarat, a judiciar ...
, to develop a greenfield port at
Okha.
Hospitality
GVK has seven TAJGVK properties across
Hyderabad
Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the ''de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River (India), Musi River, in the northern part ...
,
Chandigarh
Chandigarh () is a planned city in India. Chandigarh is bordered by the state of Punjab to the west and the south, and by the state of Haryana to the east. It constitutes the bulk of the Chandigarh Capital Region or Greater Chandigarh, which ...
,
Chennai
Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of ...
and
Mumbai
Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the secon ...
having a total key base of 1372. These include Taj Krishna, Taj Deccan, Taj Banjara and
Vivanta
Vivanta is an Indian hotel chain established in September 2010. The brand is a part of the Indian Hotels Company Limited, a subsidiary of the TATA Group
The Tata Group () is an Indian multinational conglomerate headquartered in Mumbai. E ...
by
Taj Group
Taj may refer to:
Buildings
*Taj Mahal, a medieval mausoleum in the Indian city of Agra
*Taj Palace, an Abbasid palace in medieval Baghdad
*Taj-ul-Masajid, mosque in Bhopal
* Taj building, Nowshera, Pakistan
*Taj Hotels Resorts and Palaces, inte ...
in
Hyderabad
Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the ''de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River (India), Musi River, in the northern part ...
; Taj Chandigarh, Taj Clubhouse in
Chennai
Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of ...
and Taj Santacruz in Mumbai. It is also coming up with the Ginger brand in
Andhra Pradesh
Andhra Pradesh (, abbr. AP) is a state in the south-eastern coastal region of India. It is the seventh-largest state by area covering an area of and tenth-most populous state with 49,386,799 inhabitants. It is bordered by Telangana to t ...
to cater to the value segment.
References
{{Authority control
GVK Group
Companies listed on the National Stock Exchange of India
Companies listed on the Bombay Stock Exchange