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Mr.G.V.Krishna
Reddy,
Chairman, GVK Industries Ltd
"Hyderabad's Ace Businessman"
He epitomizes the GVK culture of making things happen. He is a towering source of inspiration and strength to a Company that is eagerly looking forward to the challenges of the coming
millennium. His group has recently
announced an ambitious Rs 1,000 crore investment plan to diversify into hydel power and
non-conventional energy sector to consolidate its position as a power
major. It was at his chain of hotels, the highly successful
Partnership summit was held in the city and so
Reachout is here with a full focus on this ace businessman of Hyderabad whose GVK group is indeed making waves all over.
GVK is a US$ 700 million business conglomerate with a diversified and transnational presence. A saga that had its beginnings in the construction of the Nagarjuna Sagar dam in 1960s is today, literally and figuratively lighting up the lives of millions of people. In between construction and power the GVK conglomerate has established a proven presence in the fields of hospitality, petrochemicals, manufacturing, finance and infrastructure projects and has now ventured into the fields of life sciences, IT infrastructure and non-conventional energy.
GVK at a glance: ·
*A transnational business group with a strong presence in the infrastructure sector ·
*India's first manufacturer of pre-laminated particle boards ·
*Established Hyderabad's first world-class luxury hotel - The Taj Krishna ·
*GVK America Inc., a wholly owned subsidiary, acknowledged for "reverse flow of technology" from India, a developing Country to USA, the most developed Country in the World ·
*Historic and pioneering achievement as the first independent power producer in India
(Jegurupadu CCPP commenced commercial generation on 4th July, 1996)
*Operations in Power, Particle board, Finance, Hospitality, Petrochemicals, Infrastructure and Civil Engineering.
POWER:
Jegurupadu CCPP.The gas based combined cycle power plant at Jegurupadu is a role model plant that is designed executed and operated with total commitment to maximum energy recovery from fuels, minimum discharges, and environmental impact
GVK Jegurupadu Power Project- Phase I:
This is a 235 MW project set up with an investment of over US$ 280 million. Since commissioning the first combustion turbine on July 4, 1996 and the combined cycle mode on June 20, 1997 Jegurupadu CCPP has already generated and delivered over 6 billion kilowatt units of clean power to the state of Andhra Pradesh. The average plant availability factor from
commencement of commercial operations has been above 90%.
GVK Jegurupadu Power Project- Phase II Expansion Project:
The Jegurupadu project is all set for an expansion by about 450 MW. The works on the stage I of the expansion project with a capacity of 225 MW on 100% natural gas are expected to start in April 2001
The other notable power projects of GVK include the GVK Ratlam Power Project at Madhya Pradesh,GVK Goindwal Sahib Power Project (500 MW) at Amritsar which will be Punjab's first Independent power project,GVK Krishnapatnam Power Project (520 MW
),located in the Nellore district of Andhra Pradesh- GVK will implement this plant with state-of-the-art environment protection systems and aims to make it a Model Coal Power Plant in the Country,Patikari
HEP- this 16MW run of the river hydro-electric power plant will be developed in Mandi district of Himachal Pradesh.
Hospitality:
GVK's foray in the hospitality sector began in the mid 1980s with the construction of the luxury hotel, Krishna Oberoi. And it gathered further momentum with the addition of another luxury hotel, Holiday-Inn Krishna in early 1990s. But the real synergy took place with the strategic alliance with the prestigious Taj group of hotels.
Taj GVK: An alliance that heralds a new era in the hospitality Industry: The legendary stature and magic of the name Taj and the powerful resources created by our partnership in terms of assets, people, expertise and goodwill puts them in the top league of hotels in India.
The Taj Krishna: Taj Krishna is the first five-star luxury hotel in Hyderabad and is one among the premier hospitality properties in South India. The hotel has 260 elegantly furnished guestrooms including a presidential suite with a private swimming pool. General facilities for the guests include a state of the art health club, beauty salon, and tennis courts. Another highlight of the hotel is its banquet and conferencing facilities, including a spectacular conference hall that can comfortably accommodate around 850 delegates. The hotel was completely re-done under the supervision of world-renowned hospitality giant Wilson Associates.
The Taj Residency: Taj Residency is structured as an atrium hotel and is styled for comfort. All the 140 rooms are well appointed with every convenience and amenity. An entire floor is designated as the residency floor and offers exclusive facilities for privileged guests. The F&B outlets (Paradise Lounge, Blue Flower, Atrium Bar) at the Taj Residency are among the most popular in the city. The Banquet & Convention facilities range from the 30-guest capacity Jade room to the Kohinoor, which can accommodate up to 500 guests.
The Taj Banjara: Taj Banjara is a business class hotel that offers comprehensive facilities in a manner befitting the legendary Taj tradition of hospitality and service. The hotel has 118 spacious and elegantly appointed standard and residency rooms. This hotel over looks a charming private lake and has its own boating facilities. The Waterside Café overlooking this lake serves Chinese, Indian and Continental Cuisine. The other two restaurants are Dakhni and Kabab-e-Bahar. The luxurious banquet rooms can accommodate up to 300 guests.
Petrochemicals:
GVK Petrochemicals supply was established as a result of a carefully planned backward integration strategy. Initially GVK Petrochemicals catered to Novopan India's requirement of Amino Resins for the manufacture of
pre-laminated particle boards. With technology from M/s FUNDER of Austria, a leader in the field, GVK's manufacturing units had the best of finished products right from inception. The company later began manufacturing a range of thermo setting polymers to meet the requirements of particle board, high pressure laminate and straw board industries. Its product profile also includes a host of specially formulated resins that cater to specific user interface
IT Infrastructure:
GVK's skills and experience in project management and construction engineering find a natural extension in the infrastructure business. GVK is ready to commence projects across a broad spectrum. From physical infrastructure for the IT industry to modern, self-contained business complexes. Innovation, creativity, the latest engineering features and harmony with emerging technologies and trends will characterize GVK's infrastructure projects.
While Hyderabad's burgeoning IT districts are fuelling its growth as a major international knowledge industry destination; the city requires world-class infrastructure right in the heart of the city to meet the specific demands of industry segments that find it an essential advantage.
GVK's eCity:
GVK's eCity comprises a million square feet of custom designed space spread over three premium properties in a 1.2 km radius in the heart of Hyderabad. They neighbor the five major star hotels of the city and are an easy distance from the airport, railway station and the city's commercial districts.
World-renowned architect Mr. Hafeez Contractor will be the chief architect for GVK eCity.
GVK eCity will have an environment that respects the heritage of Hyderabad and enlightened principles in urban infrastructure development. Parking will be three times the area stipulated by regulations. Amenities and provisions will be established to make GVK eCity among the best in the world.
Bio-tech:
GVK has established India's first full-fledged Bio.This GVK enterprise focuses on research, services and training in specialized areas of post-genomic life sciences. GVK bio is in the business of research, services and training in bioinformatics. The organization currently specializes in three-dimensional modeling of proteins, drug discovery and drug design, and generating useful databases, sequence analysis and other related contract research. The training activities are both for internal requirements and for generating man power resources for the
bio-informatics industry. The training programmes are up-to-date and focus on latest trends and emerging technologies. International tie-ups for pharmacopoeia data and related inputs and hi-end graphic and computing hardware and software from Silicon Graphics and other leading companies contribute to the excellence of GVK bio's operations.
Mr.GV Krishna Reddy is confident that the Company with its strong fundamentals and its inherent competitive strengths will be in a vantage position to effectively harness the host of opportunities that can be expected in the exciting times
ahead. His mission is to achieve a strong global presence in infrastructure development through leadership, quality and
productivity.
-MK
Hyderabad
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