GVK to consolidate all infrastructure assets

Mumbai: GVK group, which won the contract for moderising the Mumbai international airport is bringing all its power and infrastructure assets into one umbrella.
As part of the consolidation, all the infrastructure assets in power, airport, road, and mining will come under GVK Power & Infrastructure Limited (GVKPIL).
This enables the investors more exposure to the entire portfolio of GVK assets and allow them to invest more or less all infrastructure assets of the company.
As a result of the consolidation, Mumbai International Airport Pvt Ltd (MIAL), which operates India’s busiest airport, the Chhatrapati Shivaji International Airport in Mumbai, and GVK Jaipur Expressway Pvt Ltd, which operates the six-lane toll road project on the Golden Quadrilateral will come under GVKPIL.
The appointed date of merger is proposed to be April 1, 2006.
28/01/07 Hindustan Times

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