In recent years the Promoters through thier Promoter Group Companies have increasingly focused on the power and infrastructure sector. For further details see "their Promoters" on page [*] of this Draft Red Herring Prospectus. G.V. Krishna Reddy, the Chairman & Managing Director of GVKPIL, is a first generation entrepreneur who established the business four decades ago.

The Company was incorporated in the National Capital Territory of Delhi on December 2, 1994 as Jegurupadu Operating & Maintenance Company, a private company with unlimited liability, under the Companies Act, 1956. The Company was converted from a company with unlimited liability to a company with limited liability and consequently the name was changed to Jegurupadu Operating & Maintenance Company Private Limited on April 20, 2005. Subsequently, their Company was converted from a private limited company to a public limited company on May 19, 2005 and the name was changed to Jegurupadu Operating & Maintenance Company Limited. Thereafter, the name of the Company was changed to GVK Power & Infrastructure Limited on July 13, 2005.

The Company is the holding company of the power businesses of the GVK and provides operations and maintenance services to its power assets. It has an equity stake in GVK companies engaged in the generation of electricity in the State of Andhra Pradesh, namely GIL, the company's Subsidiary, and GPL, Associate Company. It also the O&M Contractor for the power plants of GIL and GPL.