During this financial year, GMR Infrastructure, the Bangalore-based infrastructure major is set to infuse Rs 1,700 crore fresh equity capital in its energy business. The GMR Energy business presently consists of six operating assets with a cumulative capacity of 837 mw and four generation projects under various stages of construction with an aggregate capacity of 3,788 mw.
Tag: Bangalore-based
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GMR Infra eyes new projects, investments
Bangalore-based GMR Infrastructure plans to start looking selectively at possible new investments after a year of an investment holiday. The firm will expand its EPC, or engineering, procurement and construction, business to take on projects that other firms are developing, said Parmit Chadha, Chief Executive Officer for strategy and corporate development.
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Khazanah JV, SBI Macquarie may invest in GMR
To invest in the road assets of Bangalore-based diversified conglomerate GMR Group, Malaysian sovereign fund Khazanah and SBI Macquarie have emerged as potential investors.