GVK Power & Infrastructure Ltd (GVKP.NS)
6 Dec 2013
|Market Cap (Mil.):||Rs12,633.68|
|Shares Outstanding (Mil.):||1,579.21|
NEW DELHI, Nov 14 - India's GVK Power and Infrastructure posted a worse-than-expected quarterly net loss - its eighth in a row - as gas shortage left its power plants running far below their normal capacity and saddled the company with debt.
JAKARTA - Indonesia's state-owned PT Angkasa Pura I plans to partner with GVK Power & Infrastructure next year on a project to build a second airport in the central Java city of Yogyakarta worth up to $700 million, said the head of the Southeast Asian firm.
PERTH - India's GVK Power & Infrastructure said on Friday it had received federal environmental approval for its controversial Kevin's Corner coal project in Queensland, Australia.
NEW DELHI - GVK Power and Infrastructure has asked lenders to reschedule loans worth $214 million to its power business, which has been hit by gas supply shortages that have left its power plants running far below their normal capacity.
MUMBAI - GVK Power and Infrastructure Ltd posted a net loss in its June quarter, weighed down by sluggish investments on infrastructure in a slowing economy and higher interest payments on outstanding debt.