GVK Industries Ltd

What GVK Industries Ltd does

GVK Industries Limited is a Hyderabad-based Indian conglomerate historically operating across power generation, transportation (roads and expressways), airports, and natural resources (coal mining, oil and gas exploration, rail and port infrastructure). The group was founded on the back of India's first independent power plant and developed the country's first six-lane expressway under a public-private partnership model, at peak operating over 2,400 MW of power capacity, approximately 1,500 lane-km of expressways, and airport assets at Mumbai (CSIA), Bangalore (KIA), and Navi Mumbai (NMIAL) in India, plus Yogyakarta and Bali in Indonesia. Its resources vertical included coal mining (Alpha Coal and Kevin's Corner in Australia; Tokisud North and Seregarah in India), a multi-user rail and port system in Queensland connecting to Abbot Point, and a 2008-vintage oil and gas exploration joint venture with BHP Billiton covering 35,000 sq km of deepwater blocks off India's west coast. The group also previously operated GVK BIO (a contract research organization) and continues to operate GVK EMRI 108 emergency services as a CSR initiative.

The business model has historically been infrastructure project development, EPC execution, and long-term concession operation under government-awarded PPP contracts, with revenue derived from power purchase agreements, airport tariffs, toll collection, and mining offtake arrangements. The company monetized the airports business in 2021 following a 2019 investment of Rs 7,614 crore from ADIA, PSP Investments, and NIIF into the airports holding company. As of the most recent reporting, GVK Industries Limited is in liquidation with assets being disposed of via e-auction, GVK Power & Infrastructure Limited (GVKPIL) is under Corporate Insolvency Resolution Process (CIRP) admitted by NCLT on 12 July 2024, and GVK Energy Limited is in CIRP from July 2025 with the NCLAT rejecting a stay on proceedings on 7 July 2025. FY2025-26 revenue collapsed to Rs 80.53 crore (an 89.96% year-on-year decline) with Q4 FY26 reporting zero sales, reflecting the wind-down of operating activities across the group.

Name

GVK Industries Ltd

Legal name

GVK Industries Limited

Website

https://gvk.com

Company type

Private

Founded year

1911

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

GVK Industries Limited is a Hyderabad-based Indian infrastructure conglomerate historically operating power generation, expressways, airports, and resources businesses. The group is now in financial distress, with GVK Industries in liquidation and key subsidiaries GVK Power & Infrastructure and GVK Energy under NCLT insolvency proceedings.

Ownership category

akta.pro rank

Product category

Infrastructure Conglomerate

NAICS

Electric Power Generation (22111)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Utility-Scale Power Generation Asset Management (EUAEAMAA)

akta.pro secondary industries

Incentives, Grants & Program Administration (Auctions, Tenders, IRA/ITC/PTC Advisory) (EUAMAAAJ), Commercial General Contracting (New Build) (IMAFAAAA)

Keywords

• Power generation
• Infrastructure development
• Expressway construction
• Airport operations
• Coal mining

Headquarters

HQ city

Hyderabad

HQ country

India

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Others

Distribution channels1 record

Core offering

GVK Industries Ltd is a diversified Indian infrastructure conglomerate that develops, operates, and manages assets in power generation (gas, thermal, and hydro plants exceeding 2,400 MW), expressway and road development under PPP models (~1,500 lane km), airport operations (Mumbai, Bangalore, Navi Mumbai, and Indonesia, exited in 2021), and resource extraction including coal mining in India and Australia, rail/port infrastructure, and oil and gas exploration. The company's energy, transportation, and resources businesses form its core commercial portfolio.

Product overview

GVK Industries Ltd is a diversified Indian infrastructure conglomerate with business segments spanning Energy (power generation through CCPP, thermal, and hydro plants with over 2400 MW capacity), Transportation (road/highway development with ~1500 lane km including expressways like Jaipur-Kishangarh), Airports (formerly operated Mumbai and Bangalore airports, exited in 2021), Resources (coal mining in India and Australia, rail/port infrastructure, oil & gas exploration), and CSR initiatives including GVK EMRI emergency services. The company also previously operated GVK BIO, a contract research organization. GVK operates primarily as an infrastructure development and operator company rather than a technology product company.

Differentiator

Problem solved

Functional benefit

Brands

• GVK Energy: Power generation business including CCPP (Gas & Naphtha), Thermal (Coal Based), and Hydro power projects with over 2400 MW projects under generation and development
• GVK Airports
• GVK Transportation
• GVK BIO
• GVK EMRI
• GVK Foundation

Products and services

• GVK Energy Power generation business with over 2,400 MW projects under generation and development, comprising Combined Cycle Power Plants (Gas & Naphtha), Thermal (Coal-Based) plants, and Hydro power projects.
• GVK Transportation Road and expressway development and management business, operating approximately 1,500 lane km of projects including the Jaipur-Kishangarh, Deoli-Kota, and Bagodara-Vasad expressways.
• GVK Rail & Port Infrastructure Multi-user rail infrastructure project comprising 500 km of standard gauge track connecting the Alpha Coal and Kevin's Corner mines to the Port of Abbot Point in North Queensland, Australia, along with a coal handling and stockpiling facility with 60 million tonnes per annum capacity at Abbot Point Port Terminal 3.
• GVK Oil & Gas Exploration Oil and gas exploration business established in 2008 covering seven deepwater offshore blocks totaling 35,000 sq km off the west coast of India, including six blocks in Bombay High and one block in Kerala, in partnership with BHP Billiton.
• GVK Coal Mining - India Captive coal mining operations in India covering the Tokisud North Sub-block and Seregarah block in Jharkhand, developed to meet the coal requirements of GVK's thermal power projects.

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• L&T ConstructioncoreTechnology or IntegrationL&T Construction awarded major EPC contract for the Navi Mumbai International Airport project. This was a key construction partnership for airport development.
• BHP BillitoncoreStrategic or Co-development PartnerGVK partnered with BHP Billiton for exploration of seven deepwater offshore oil blocks totaling 35,000 sq km off the west coast of India, including 6 blocks in Bombay High and 1 block in Kerala.

Scale indicators6 records

Recent moves8 records

Expansion highlights3 records

Market position

Strengths3 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/embed/KlGVM2DDilI
• Xx.com/gvkjunior
• LinkedInlinkedin.com/company/gvk

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GVK Industries Ltd