GMR Group
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GMR Group is an Indian business group that is in to Energy and Infrastructure sectors. It is based in Bangalore, India. The group has emerged as a big player in the airport development space and is presently developing the Delhi and Hyderabad airports. GMR also owns Indian Premier League's (A Twenty20 Cricket league in India) Delhi franchise, Delhi Daredevils. Grandhi Mallikarjun Rao is the Chairman and Managing director of GMR group. With an estimated personal worth of $6.2 billion dollars, G M Rao stands at #198 in Forbes' 2008 World Billionaire list.
[edit] Key Companies
GMR Group is one of the fastest growing infrastructe companies in India and has interests in Airports, Highways, Energy and Urban Infrastructure. It other area of interest is Agri-Business.
GMR Holdings Private Limited is the holding company for The GMR Group of Companies.
The two main subsidiary companies are
GMR Infrastructure Limited
GMR Industries Limited
GMR Infrastructure Limited has over 23 subsidiaries in the following sectors
Energy
Badrinath Hydro Power
Vemagiri Power Generation
GMR Bajoli Power Project
GMR Chattisgarh Power Project
Upper Karnali Power Project
GMR Orissa Power Plant
Highways
Tambaram-Tindivanam
Tuni-Ankapalli
Ambala-Chandigarh
Adloor-Gundla Ponchanpalli
Tindivanam-Ulunderpet
Thondapalli-Jadcherla
Airports
Hyderabad Airport
Delhi Airport
Urban Infrastructure
SEZ in Krishnagiri District, Tamil Nadu
Apart from this GMR group has interests in several other areas. It's most recent entry was into the field of Sports - specifically into Indian Premier League For Cricket. It bought the IPL Delhi team franchise. The team was named Delhi Daredevils and will be participating in the 59 match 44-day 8-team Indian Premier League cricket tournament starting April 18.
