The Company was originally incorporated on May 10, 1996 as a
public limited company called Varalakshmi Vasavi Power Projects
Limited in Hyderabad, Andhra Pradesh. On May 23, 1996 we
received a certificate of commencement of business. On May 31, 1999,
the name was changed to GMR Vasavi Infrastructure Finance Limited.
Thereafter, on July 24, 2000, the name of the Company was changed to
GMR Infrastructure Limited. On October 4, 2004 the registered office
of the
Company was shifted from the State of Andhra Pradesh to the State of
Karnataka.
The Company is an infrastructure holding company formed to fund the
capital requirements of the GMR Group’s initiatives in the
infrastructure sector.
GIL is engaged in development of various infrastructure projects in
Power,
Road and Airport Business through several special purpose vehicles.
2006
-GMR Infrastructure - GMR Hyderabad International Airport awards
In-flight Catering Contracts
2007
-GMR Infrastructure Ltd has informed that GMR Hyderabad International
Airport Ltd (GHIAL), a subsidiary of the Company, has awarded the
contract of setting up, operating and maintaining F & B Outlet to HMS
Host, a world leader in travel dining and shopping.
-GMR Infrastructure Ltd has informed that at the meeting of the Board
of Directors of the Company held on October 18, 2007, Mr. G M Rao,
Chairman and Managing Director, has relinquished the office of
Managing Director & he is appointed as whole time Executive Chairman
of the Company with immediate effect.
- The Company has splits its face value from Rs10/- to Rs2/-.
2008
-GMR Infrastructure - GMR Group signs MOU for 300 MW Upper Karnali
Hydro Electric Project, in Nepal
-GMR Infra buys 50-pc stake in US power co Intergen
-GMR Infrastructure - DIAL ties up with Indraprastha Apollo Hospital
for medical facilities at Delhi Airport
2009
- The consortium led by GMR Infrastructure United has bagged the
prestigious Hyderabad - Vijayawada highway project on a Build,
Operate and Trasrer (Toll) basis through international competitive
bidding route. The Group has received Letter of Award from National
Highways Authority of India (NHAI) on May 27, 2009. This is seventh
highway project of GMR Group after successfully completing six
projects as per schedule.
-GMR wins 181 kms long Hyderabad - Vijaywada stretch and it's 7th
Highway Project
-GMR's subsidiary acquires Indonesian coal firm for Rs 400 cr
-GMR Infrastructure - Purchase of 11,50,000 Equity Shares of Rs 2/-
each of the Company by GMR Holdings Pvt. Ltd
-GMR Group acquires 100% ownership of Island Power Project,
Singapore
2010
- GMR Infrastructure Ltd's consortium has bagged a road construction
project from the National Highways Authority of India (NHAI) in the
southern state of Karnataka.
- GMR Infrastructure won the expansion and management contract from
the Male international airport, the Maldives. The company offered
almost 1 billion rufiyaa (USD 78 million) upfront to win the
contract. According to sources in the company, the Maldivian
government will award the contract tonight. |