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GMR Kishangarh Udaipur Ahmedabad Expressways becomes subsidiary of GMR Infrastructure

19 Dec 2011 Evaluate

GMR Kishangarh Udaipur Ahmedabad Expressways has become a subsidiary of GMR Infrastructure in accordance with the provisions of the Companies Act, 1956. Recently, GMR Group’s subsidiary - GMR Rajahmundry Energy had synchronized the first unit of combined cycle power plant at Vennagiri in Andhra Pradesh adding 384 MW capacity to the Andhra Pradesh grid.

The Kishangarh-Udaipur-Ahmedabad project forms part of phase V of the National Highways Development Programme of the NHAI for upgrading the existing four lane section of golden quadrilateral to six lane.

The GMR Group is a Bangalore-headquartered global infrastructure major with interests in Airports, Energy, Highways and Urban Infrastructure. GIL is the holding company for the infrastructure business of the GMR group.

GMR Airports Share Price

96.76 -2.48 (-2.50%)
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