INFRASTRUCTURE

GVK Airport Developers Pvt. Ltd.

GVK Airport Developers Pvt. Ltd. (GVKADPL) is a group company of Secunderabad (AP) based leading infrastructure player GVK Power and Infrastructure Ltd. (GVKPIL) and is in the business of developing and managing airports. It is currently developing and managing Mumbai’s Chatrapathi Shivaji International Airport. Another group company GVK Airport Holdings Pvt. Ltd. (GVKAHPL) is engaged in the business of investments as promoters and developers of International and domestic airport projects. Currently it holds 36.63% and 29% equity stake in Mumbai International Airport Pvt. Ltd. (MIAL) and Bengaluru International Airport Limited (BIAL) respectively and is the largest stake holder in MIAL.

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West Bengal Infrastructure Development Finance Corporation Ltd.

WBIDFC is wholly owned by the GoWB and entire share capital of Rs. 120.3 Crore is contributed by the State Government. The company provides fund support to the State Government for creation of infrastructure facilities for primary, secondary and tertiary sectors in West Bengal. In addition to mobilization of resources, WBIDFC assists the Government for obtaining securitized loans (e.g. Cess receivables) and providing advisory services to various Government Departments. In 2005, WBIDFC launched a housing project called ‘Sankalpa’ as developer/owner of the project at Rajarhat, Kolkatta. In consonance with its policy, the corporation has associated with several direct infrastructure projects in power, steel and construction sector and has established its visibility in the infrastructure financing scene of the State.

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