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Considering India’s diverse energy needs and anticipating a high demand in future, GVK has established a significant presence in the energy and resource sectors. Coal and Oil and Gas are potential segments and GVK is exploring these segments to strengthen its core business of energy and to ensure fuel-security.
The company has ventured into captive coal mining and taken over Jharkhand’s Tokisud and Seregarha Coal Mines. The company has also acquired a major stake in Australian Coal Mines, Queensland – this project will create one of the largest thermal coal mining operations in the world.
GVK has a partnership with BHP-Billiton, one of the world’s largest diversified natural resource companies for exploring seven deep water oil and gas blocks off the west coast of India.