GVK to invest Rs 1,000 cr in Bengaluru airport expansion

GVK Power & Infrastructure is planning to invest Rs 1,000 cr in the Bengaluru Airport expansion project. The company has 29 per cent stake in the project and intends to take up more stake from Siemens. The board of the airport is likely to approve the expansion plan, which will add another terminal. The company also aims to hike stake in the Mumbai Airport from its South African partner. Contact: GVK Power & Infrastructure. Tel: 040-2790 2663. Fax: 040-2790 2665. E-mail: info@gvk.com Website: www.gvk.com