GVK Power & Infra acquires 100% stake in GVK Airport Services

GVK Power & Infrastructure has acquired 100 per cent stake in GVK Airport Services Pvt Ltd, a new subsidiary that will provide technical and consultancy services on the airport business of the firm.

Vertex offloads 14.4% stake in GVK Power to promoter entities

GVK Power and Infrastructure Ltd today said Vertex Projects Ltd, part of promoter group, has offloaded 14.44 percent share in the company to other promoter entities.

GVK Power's Q3 Net loss at Rs 209.12 crore

GVK Power and Infrastructure Ltd Friday said its consolidated net loss for the quarter to December widened to Rs 209.12 crore, hit by fuel supply issues and higher interest costs.

GVK gets 'Green nod' to import coal from SA for Punjab plant

GVK is setting up a 2x270 MW Thermal Power Plant at Goindwal Sahib tehsil in Tarn Taran district of Punjab, and both the units have been synchronised to the grid.

PowerMin's request on linkages for GVK Power's plant rejected

The ministry had received a reference from the Ministry of Power which stated that the first unit of GVK's 540-MW TPP (Thermal Power Project) has successfully completed the synchronisation test in July, 2013.

GVK to sell stake in airport business by FY'14 end: Official

GVK Group, which manages Mumbai and Bengaluru international airports, has received proposals from as many as five companies to sell stake in the airport business and a deal is likely to be sealed by this fiscal end.

GVK Power June quarter net loss at $5 mn

The company posted a net loss of 305.9 million rupees in the quarter, compared with a loss of 643 million rupees a year earlier. Net sales fell 14.5 percent to roughly 7 billion rupees.

GVK Power Q3 net loss widens to Rs 57 cr

The flagship firm of the GVK group had reported a net loss of Rs 14.50 crore in the corresponding period of the previous fiscal.

GVK Power & Infra terminates highway contract with NHAI

GVK Power and Infrastructure Monday terminated contract with the National Highways Authority for building a section of road in Madhya Pradesh.

GVK Power reports Rs 64.30 cr net loss in Q1

Year-on-year, the company had reported a net profit of Rs 58.92 crore during the April-June quarter of 2011-12.

GVK Power eyes 7,500 MW thermal power capacity by 2016-17

GVK Power and Infrastructure, the flagship company of Hyderabad-based GVK group, is planning to have 7,500 MW thermal power generation capacity by 2016-17, a senior company official said.

GVK Power unit buys 12 pct in Bangalore Int airport

GVK Power and Infrastructure Ltd said on Thursday its unit GVK Airport Developers Pvt Ltd had bought a 12 percent stake in Bangalore International Airport Ltd for 4.85 billion rupees.