GVK is a leading Indian conglomerate with diversified interests across various sectors including energy, resources, airports, transportation, hospitality and life sciences.
It has taken pioneering initiatives across many sectors that it operates in and has overcome every challenge to provide reliable infrastructure to contribute to the country’s growth. GVK’s greatest strength is its highly experienced and proficient in-house talent pool. GVK’s collaboration with global infrastructure leaders has brought international expertise to India reflecting excellence and advancement in all its endeavours.
Having already invested over Rs. 20,000 crore(USD 4.3 billion) the company has projects worth over another Rs. 30,000 crore(USD 6.6 billion) in the pipeline, in India. GVK has pioneered various infrastructure projects viz. setting up India’s first Independent Power Plant (IPP), first six-lane road project and first Brownfield airport under the Public Private Partnership model.
It has over 900 MW operational power plants and around 5000 MW projects under various stages of construction and development.
GVK has acquired the Australian Coal Mines in Queensland with 8 billion tonne reserves and a capacity of more than 80 million tonne per annum for USD 1.26 billion. It will also set up a 500 km. rail line and upto 80 mtpa port as part of the 'pit-to-port' logistics solution. The project envisages a total investment of USD 10 billion.
GVK's coal mines at the Tokisud North Sub-Block and Seregarah Block in Jharkhand are being developed to cater to the requirements of Goindwal Sahib Thermal Power Project, Punjab. GVK has partnered with BHP Billiton for the exploration of 7 deep water oil and gas blocks of about 35000 sq. km. off the west coast of India.
GVK is developing and managing two of the busiest airports in the country namely, Chhatrapati Shivaji International Airport, Mumbai and Kempegowda International Airport, Bengaluru handling 44 mppa and will develop two airports in Indonesia as well.
GVK also has road projects of over 2200 lane km. under construction and development apart from the 542.4 lane km. Jaipur-Kishangarh Expressway under operation.
GVK has established itself as a premium hospitality leader in Hyderabad, Chandigarh and Chennai with six TAJGVK properties and has plans to cater to the growing segments in Mumbai and Bengaluru as well.
GVK Biosciences is Asia’s leading Contract Research Organization (CRO) with over 2000 scientists, support and analytical staff. It provides a broad spectrum of stand-alone and integrated services, across the R&D value chain to leading international pharma, agro, biotech and life sciences companies.
GVK is a socially responsible and an environmentally conscious organization that believes in sustainable development. It undertakes all infrastructure projects with a commitment to minimize ecological impact. It runs various social initiatives under the GVK Foundation for the overall development of the society. GVK EMRI attends to every emergency, be it a medical crisis, law and order situation or a fire disaster. This service is spread across 14 states and two union territories with over 7000 ambulances and over 33000 employees. GVK, with its various developmental services aims to make a difference to the lives of people all over India.
Hancock Prospecting Pty Ltd (HPPL) is an Australian company that has a long and important association with the Pilbara and the iron ore sector. HPPL has significant plans for further development in both the Pilbara region of Western Australia and other areas in Australia.
Since the discovery of iron ore by the company’s founder Lang Hancock in 1952, the lifting of the Federal Government embargo on iron ore imports in 1960 and the subsequent lifting of the State Government’s embargo on pegging land for iron ore tenements, a progression of 10 world class iron ore mines (the first being Tom Price in 1966) have been developed on original Hancock deposits.
In December 1992, Hope Downs Iron Ore entered a State Agreement to gain security for the Hope Downs tenements. The Hope Downs mine commenced operations in November 2007 with 50 percent partner Rio Tinto Iron Ore (RTIO).
The first train load of Hope Downs Ore arrived at the port of Dampier prior to Christmas 2007 and first shipments occurred early in the first quarter 2008.
The Hope Downs Project represents an important milestone for the company. For the first time, Hancock retains a significant equity stake in a developed world class project. This is the realisation of a long term vision of HPPL’s founder Mr Lang Hancock, which is shared by his daughter, Gina Rinehart, the current Chairman of HPPL.
With the capability and experience gained through the development of earlier projects and bankable feasibility studies, such as Marandoo and more recently Hope Downs, Hancock Prospecting is looking forward to a productive future. This will involve the successful development of its next major iron ore project, Roy Hill 1, its thermal coal project in Queensland and other projects currently in the HPPL group portfolio.