GMR Group

G
“Corporate Presentation”

April 2009
Ver 1.0
Ver. 10

“Creating tomorrow, today”

 Presentation flow
No. Sec. Key highlights

A 2-3 GMR Group

p : “Vision,, Values,, Dedicated Management,
g , Leadership
p & Team”

B 4-10 GMR : “Evolution as a Leading Infrastructure Player”

C 11-15 Airports (India) : “Building Gateways to India”

D 16-18 Energy (India) : “Lighting India”

E 19-21 Urban Infrastructure & Highways : “Paths to Progress”

F 22 24
22-24 I
International
i lBBusiness
i : “Global
“Gl b l ambitions”
bi i ”

G 25-26 Agriculture : “Inclusive development”

H 27 RAXA : “Security
Security Solutions
Solutions”

I 28 Aviation : “Aiming High”

J 29 GMR Group : “Recognitions & Awards”

K 30 “Building an empowered Institution”

L 31 Family Constitution : “Guiding framework for family business”

M 32-33 “Contribution to Society”

A2 Vision – Values – Dedicated Management, Leadership & Team
VISION
“To build an entrepreneurial Organization, that makes a difference to Society, through creation of Value”

7 Values
V l resonate
t with
ith th
the spirit
i it off principles
i i l off G
Governance
“Entrepreneurship” “Teamwork & Relationships” “Deliver the Promise”

“Learning” “Social Responsibility” “Respect for Individual” “Humility”

Group Holding Board GMR Industries Board

GMR Infra Board
B.V. Nageswara Rao
G. M. Rao
Ramakrishnan R.
G.B.S. Raju
G. Kiran Kumar T.C.S. Reddy
Srinivas Bommidala Sankararao A.
B.V. Nageswara Rao V.P. Singh
O.B. Raju
Uday M. Chitale
Arun K. Thiagarajan
S. Sandilya
K.R. Ramamoorthy
P k hG
Prakash G. A
Apte
t N V Varadarajulu
N.V.
R.S.S.L.N. Bhaskarudu
Udaya Holla
Uday M. Chitale

Senior Leadership
Over 150 team of strong, dedicated Business leaders, Professionals & Executives
DEDICATED TEAM
BACKED UP WITH THE DEDICATION
DEDICATION, ENTHUSIASM & COMMITMENT OF OVER 6,000
6 000 PEOPLE
BESIDES KEY STRATEGIC PARTNERSHIPS
A3 Organisation Structure

Group Chairman
G.M. Rao

GMRVF

MAG

C
Corporate
t RRelations
l ti

Business Chairman Business Chairman Business Chairman Business Chairman

Airports Highways & Urban Infra. Energy & Agriculture Corporate & International
Kiran Kumar G.
G Srinivas Bommidala B V N Rao
B.V.N. G B S Raju
G.B.S.

CSPD
DIAL Highways Energy

Corp.Comm.
Airports BD Construction Agriculture
CPD
Finance
GHIAL SEZ

HR
property

IBD
Raxa & Aviation
B4 GMR evolution : A diversified conglomerate
GMR Group established in June 1978.
GMR Industries listed in 1992 & GMR Infrastructure listed in 2006 in both BSE* & NSE*
The Group was engaged in Banking, Insurance, Breweries & IT, which were divested off.
GMR Group has shifted focus to Infrastructure & Agri. Business and expanding rapidly

Airports Energy Highways & Urban Infra. International Business

Delhi International Thermal Highways Sabiha Gokcen

Infrastructure Airport Hydro SEZ International Airport
Hyderabad Gas Property
Stake in InterGen N.V.
International Construction
Li id ffuell
Liquid
Airport Raxa (Security)
Coal Mine
Aviation
development

A i lt
Agriculture Integrated sugar complexes

Franchise for Indian Premier League, Delhi

Sports
Sports infrastructure and management

Corporate Working with communities to improve lives and livelihoods since 1991
Social Focus on Education, Health, Hygiene & Sanitation, Livelihood, Empowerment and
Responsibility C
Community
i DDevelopment
l

•BSE – Bombay Stock Exchange NSE – National Stock Exchange

 GMR evolution : A diversified conglomerate
B5 Today we are one of India’s
India s leading Infrastructure developers
Highways & Urban Infra. Airports
• 6 Road Projects Pan India • 1 Greenfield and 1 Brownfield
(424 Kms) Airport (ultimate capacity of 140
- 5 operational
i l (260 K
Km – Mn passengers p.a.)
annuity based)
• Current passenger traffic
- 1 Under development (71
Km – Toll based) - ~ 31 Mn passengers p.a.
• Hosur SEZ under ((1/3rd of India’s Air-traffic))
development (3300 Acres)
• 2 Airport SEZs (500 Acres)
at GHIAL

International Energy
• International presence • 3 operational Thermal Energy
th
through
h SGIA
SGIA, Istanbul
I t b l Plants (809 MW)
• Acquisition of 50% stake in • 7 projects under development
InterGen N.V. with assets in (3900 MW)
5 countries
– 5 Hydro projects (1650 MW;
including two recent projects
in Nepal)
– 2 Coal based Thermal Projects
(2250 MW)
B6 GMR evolution : Structure of GMR Infrastructure Ltd., Flagship Co., of the Group
GMR Holdings Pvt. Ltd. GMR Infrastructure Ltd (GIL) 74.20%

ENERGY HIGHWAYS AIRPORTS INTERNATIONAL

GMR Energy Limited GMR Tambaram- GMR Hyderabad Sabiha Gokcen

220 MW (100%) Tindivanam – 93 KMs International Airport International Airport,
(74%) (63%) Istanbul, Turkey (40%)
GMR Power Corporation
200 MW (51%)
Delhi International
Vemagiri Power Generation Airport (50.1%)
Ltd -388.5 MW (100%) GMR Tuni-Anakapalli Intergen N.V.
- 60 KMs (74%) (Hold. Co) (50%)#
Hyderabad Menzies Air
GMR (Badrinath) Hydro
Cargo (32.12%)
Power 300 MW (100%)
GMR Ambala-
Ambala
GMR Kamalanga Energy Chandigarh- 35 KMs URBAN INFRASTRUCTURE OTHERS
1050 MW (100%) (100%)
Talong Hydro Power GMR Krishnagiri SEZ
225 MW (100%) GMR Aviations Pvt.,
Limited (100%)
GMR Jadcherla Limited (100%)
Holi Bajoli Hydro Power - 58 KMs (100%)
180MW (100%) GMR Hyderabad Aertropolis
Limited (63%)
Rampia Coal Mine and GMR Pochanpalli
energy (17%) - 107 KMs (100%)
GMR Hyderabad
y Aviation Operating Companies
Himtal Hydropower Company SEZ Limited (63%) Under Development
Pvt Ltd – 560MW (80%)
GMR Ulundurpet
- 71 KMs (100%) Operation cum
GMR Hyderabad
GMR Upper Karnali Development
Multiproduct
Hydropower 450MW (50.5%)
SEZ Limited (63%)

GMR Coastal Energy # Through CCD Structure

- 1980 MW (99%) % of holding shown in parenthesis represents our Direct and Indirect Shareholding
B7 GMR Infrastructure : India’s leading infrastructure company
Power Airport Urban Infra. & Highways International Business
• Acquisition of Coal Mines in Indonesia
FY2009
& South Africa

RGIA, Hyderabad - operational 50% stake in InterGen N.V. FY2008

• Awarded
• 450 MW Upper Karnali#
• 560 MW in Himtal# First international Foray – Sabiha
Tamil Nadu SEZ project Gokcen Airport Turkey
• 180 MW in Holi Bajoli
• 225 MW in Talongg 2 Hyderabad SEZs
• MoU for
FY2007
• 1200 MW in Chattisgarh
• 1050 MW in Orissa

Awarded 300 MW Alkananda* Awarded Delhi Airport

FY2006
389 MW in Vemagiri - operational
3 annuity & 3 Toll based road projects

FY2005

Awarded Hyderabad Airport FY2002

220MW in Mangalore - operational Ventured into Airport

sector FY2001

200MW in Chennai - operational FY1999

Ventured
Ve tu ed into
to the
t e Power
owe secto
sector
FY1997

GMR Infra - an Infrastructure Developer, Owner & Operator.

Assets with concessions ranging from 15-60 Years
Balanced Revenue Model – Mix of fixed & volume based revenue streams
*Approved capacity of 140 MW, approval from CERC awaited for increased capacity
•
# These are expected capacities, DPR is under preparation
B8 GMR Infrastructure : Best in class Partnerships with global players

Europe’s largest cargo hub & 2nd largest passenger Airport

Operator & Manager of Malaysia’s 39 Airports

(comprise international, domestic and Short Take-Off and Landing (STOL) ports)
Airports

Largest Airport retailer in Malaysia with 40 outlets in 4 Airports

India’s premier infrastructure finance organization

(over 332 projects financed in Energy, Highways, urban infrastructure)

O off the
One h lleading
di engineering
i i and
d construction
i companies
i iin T
Turkey
k

An integrated energy company which provides natural gas and electricity

to ~6.5 Mn. of Michigan's
g 10 Mn. Residents. Operates
p independent
p Energy
gy buz. in US.
Energy

Public Service Enterprise Group (PSEG) is a publicly traded, energy & energy services
company H.Q in New Jersey. Ranked 178th in 2006 & 199th in 2007 Fortune 500 list.

Shandong Electric Power Company (SEPCO), one of largest EPC companies of China.
Has been identified as EPC partner for Kamalanga project.
Hiighways

Malaysia's leading conglomerate in infrastructure building.

A wholly
wholly-owned
owned subsidiary of Khazanah Nasional Berhad,
Berhad an investment arm of Govt.
Govt
 GMR Infrastructure - Consolidated Financials & Assets
B9 2 70 Bn.
Market capitalization (As on 3rd March 2009) of USD 2.70
1 Gross revenues (INR Cr.) 2 Gross assets* (INR Cr.)

CAGR – 40%

CAGR – 72%

Thee Increase
c ease iss mainly
a ly att
attributable
butable to add
additional
t o al revenues
eve ues The Increase is mainly attributable to Capital work in
from the operations of DIAL & Higher PLF in GEL & GPCPL progress of Hyderabad & Delhi International Airports

3 EBITDA (INR Cr.) 4 PAT+ (INR Cr.)

CAGR – 18% CAGR – 57%

The Increase is mainlyy from the Additional EBIDTA from DIAL

operations & from other sectors mainly from Short term The increase is mainly from the Operations of DIAL
investments
*Gross Assets also includes Investments and Current Assets
+ Not adjusted for Foreign Exchange rates
FY09-H1 does not include InterGen assets
 GMR Infrastructure - Growth Highlights
B10 Sectoral asset expansion with more than 4x in 4 years

Sectoral Asset base - Present* Sectoral Asset base – 2012**

(USD 2.48 Bn) (USD 10.66 Bn)

SEZ
USD 2.29 Bn
Energy
USD 0.61 Bn Energy
USD 4.63 Bn
22%
43%

Airports
USD 1.63 Bn Highways 29%
USD 0.24 Bn
Airports 6%
USD 3.08 Bn
Highways
USD 0.66 Bn

* As on 31.01.09; does not include InterGen assets.

** Includes project achieved FC w/o BD. For the two Hydro Projects in Nepal, asset nos. shown here are only tentative (They are
subject to change post finalization of DPR).
 GMR Infrastructure - Airports Business
C11 Growth Strategy with strong focus on establishing International presence
Strategy for transforming into a
Largest Airport Developer in India
comprehensive Airport developer
. Delhi International Airport (DIAL)
Concession of 30 + 30 years and investment
Position as premier Airports company
of USD 2.24 Bn (Phase 1).
T3 will have 76 Aero bridges. in India

T3 will soon be the 1st airport in India to Participate in up-coming opportunities

have dedicated Metro connectivity through
airport Express Line. in Indian Airports sector

cus
The modular master plan is designed to

Domestic Foc
handle 100 Mn. Passengers by 2026. Balanced mix of Brownfield and
Greenfield projects to be considered
Hyderabad International Airport (HIAL)
in portfolio selection
Airport with one of the highest passenger
traffic growth, approx. 6.5 Mn. Passengers Open to merchant Airport
in 2009.
development opportunities
Concession of 30 + 30 years with
investment of USD 0.62 Bn.
To implement the concept of
Setting up the first MRO facility in India.
aretropolis to maximize values of
Development in phases to handle 40Mn
passengers. Airports
 Delhi International Airport (DIAL):
C12 Operation modernization & development
Operation,

Project Overview
Concession p
period 30 + 30 yyears
Phases of development I, II, III, IV & V
Land 5,100 acres
Ultimate pax capacity 100Mn (Phase I: 60Mn)
Ultimate cargo capacity 3 6Mn tons (Phase I: 0.6
3.6Mn 06)
Completion date 2010 (Phase I)
Estimated project cost USD 2.24 Bn (Phase I)
Revenue Share 45.99 % shared with AAI

Details of Phase I Development

Phase 1 A (Completion by April 2009)
Third Runway of 4430 Meters & Taxiways (completed)
Existing Domestic Arrival Terminal Expansion
Additional 3 Baggage Claim Belts
New Domestic Departure Terminal
• 72 Check-in Counters
• 16 Security Channels
• In-line Baggage Screening
Upgradation of Existing Terminal 2 (Completed)
• 100 Check-in Counters
• 16 Security Channels
• In-line Baggage Screening
Phase 1 B (Completion by Mar 2010)
New Intergrated Terminal 3
• 48 Contact & 11 Remote Stands
• 168 Check-in Counters
• 49 emigration, 50 immigration Counters
• 30 Securityy Channels
• 12 Baggage Claim belts
Upgradation of Cargo Terminal
High Speed rail Link
Multi-level car Parking (4300 lots)
General Aviation Facilities
Expansion & Upgradation of Utilities
 Delhi International Airport Limited (DIAL)
C13 Additional revenue potential from development of real estate asset
Initial Development Plan
Initial phase envisages development of hospitality assets
i 13 land
in l d parcelsl constituting
tit ti ~45
45 acre hospitality
h it lit
district
Land to be licensed out to developers (Built up area of
6.12 Mn. sq.ft.)
Master plan prepared for initial development
Appointed Jones Lang LaSalle & HVS for strategic plan
preparation and providing support in bid management.
DIAL would build, operate & maintain basic infrastructure
facilities.
Bids have been called for 60 Acres property development.
Airport Development Fee (ADF) of INR 200 on domestic & Hospitality
INR 1,300 on International passengers from Mar’09 to Land for commercial development
District: 45
bridge the funding gap.
gap Acres
*Figure not to scale

Complete Development Plan

5% of Airport Site can be used for commercial development of i.e., about 250 Acres
Lease period – 27 + 30 years
Permitted to develop hospitality & aviation related facilities (Commercial, Retail, Logistics etc.)

Commercial development of non-transfer assets in line with major Asian Airports.

 Hyderabad International Airport (GHIAL)
C14 Development & Operation of the fastest growing Airport in the Country
Uniquely positioned to capitalize on the current growth Catchment area
Emergence of Hyderabad as a major IT & ITeS destination.
Centrally located with respect to India,
India South-East
South East Asia and Middle East
with a catchment area of 75Mn people.
Total area of 5,400 acres for Airport & commercial development.
The Air Traffic Movements has grown at a CAGR of 25% over past 4 Years.
Growth passenger traffic - 40% in the past 2 years (2005-07)
The Cargo Traffic has grown at a CAGR 14 % over the past 4 years. Hyderabad

Key Project Features

The second longest runway (4,260 m) in India with 10 entry/exit points (including 4 Rapid Exit).
42 aircraft parking stands; 12 Contact stands, 30 remote stands & 5 dedicated stands for cargo.
146 check-in counters, 16 of which are self check-in. 46 immigration counters; In-line baggage screening.
3 x 90 Mtr & 1 x 70 Mtr long baggage carousels, capable of handling 3 flights at a time on each.
Business Hotel / Luxury Hotel / Convention Centre – all in Novotel Hotel run by Accor Group.
Facilities in Place : 28 beds slumber room & Spa , Car park facility for 3700 cars
cars.
First Airport in India to get LEEDS (Leadership in Energy & Environmental Design) “Silver” rating.
Initial Cargo Capacity of 100,000MT /annum; ultimate over 1.0Mn MT.
17 bedded Apollo Hospital at Passenger Terminal Building.
Has a fuel farm with Open Access to 5 Oil Companies.
 Hyderabad International Airport (GHIAL)
C15 Development of Airport based city at RGIA
Development of the Airport into a major economic zone in line with major regional Airports

Airport Types of real estate development

Hong Kong Hotels, Housing, Retail, Logistics, Exhibition Centre, Golf Course
Incheon, South Korea Airport free zone, Business centre, Hotels, Retail, Convention centre
Changi, Singapore Free Trade Zone, Logistics, Hotel, Commercial
Suvarnabhumi, Thailand Logistics, Exhibition Centre, Hotels, Hospital, Housing, Retail
RGIA, Hyderabad Hotels, SEZs, Integrated Cargo Complex, Retail, Hospital, Logistics

1 Commercial Property Development (1,000 acres)

Lease Period: 30 + 30 years.

Permitted developments - Commercial & Residential.
SEZ
nt

Appointed CPG of Singapore to develop the Master Plan for property development.
development
evelopmen
Real esstate and S

2 SEZ development (500 acres)

Received in-principle approval for setting up two SEZs- One for aero related and the other non-aero
commercial activities on a part of the land available for the Airport development.
development
de

Aircraft Maintenance and IT & IT enabled services, Bio-

Aviation Sector Manufacturing, Assembling or Multiproduct
Specific SEZ
technology, Textile (Garment
General SEZ
((250 acres)) Repairing of Avionics (250 acres) pp
& apparels) ) and electronics
Components. industries.
 GMR Infrastructure - Energy Business
D16 Strategy to transform into an Integrated Energy Developer with global footprint
Improve performance and Leverage expertise to capture Diversify into allied Energy
1 2 3
competitiveness of existing future growth opportunities in infrastructure businesses
business India and abroad

1 Acquisition of Coal Mines Add further Energy assets Actively explore opportunities
diversified across fuel types in in domestic Energy distribution
Secure fuel for thermal power plants
India.
g
through acquisition
q / jjoint State of Gujarat, Karnataka &
development of domestic and Bid for UMPPs where fuel supply Maharashtra have initiated
international coal mines. has been secured. private participation
Exploring opportunities in coal rich Invest in IPPs in neighboring
developing countries with Participate in Energy
countries like Indonesia, South Africa
N d ffor infrastructure
Need i f t t transmission opportunities in
and
d Australia.
A li
expansion. India
Acquired 10% stake in South African
Government support Obtained Power Trading
coal mining company with an option
of additional stake of 40%, gaining Explore brown field opportunities Licence and active
more than 300MT of mine
mine-able
able coal through acquisitions of participation trading business.
2
reserve. development rights and operating
assets.
Alternate fuel opportunities
Exploring opportunities in Nuclear
Explore options for alternate fuel to
Energy.
reduce reliance on a type of fuel.
fuel

1 Diversified fuel mix 2 Diversified revenue mix

Foundation
Projects distributed across all the Mix of short
short-term
term & long
long-term
term
Blocks
fuel types – Hydro, Thermal & Gas Energy Purchase Agreements (PPAs)
 Energy Business
D17 GMR has successfully developed and operationlized energy assets
Facility Chennai, Tamilnadu
Contract capacity 200MW
• ISO 14001 and OHSAS 18001
Fuel Low Sulphur Heavy Stock
compliant
CoD* 1999
• Dr M.S. Swaminathan award
15 years till 2014: min. offtake
PPA for being an environment
at 68.5% PlF
friendly project
PLF YTD (last full year %) 65 19%
65.19%
GMR Power Corporation
Plant availability (%) 93.93%
Pvt. Ltd.
Facility Vemagiri, Andhra Pradesh
• Company’s 3rd Greenfield
Contracted – 370MW: Energy Project
Contracted capacity *additional -18.50MW;
(merchant sale – 17.625MW) • Commercial operation
Fuel Natural gas commenced in Feb’08

CoD 2006 • PPA for 23 years

23 year till 2029; at 80% PLF ;
Vemagiri Energy PPA
take of pay of fixed charges • Expansion plan for additional
Generation Ltd. 700MW capacity
PLF YTD (last full year %) 8.20%

Facility Mangalore, Karnataka

• Barge-mounted
d Power Plant
l
Contracted capacity 220MW
Fuel Naptha • ISO 14001, ISO 9001& OHSAS
18001 certified
CoD 2001
PPA PPA expired on June
June’08
08 g operated
• Plant being p on
merchant basis at Mangalore
GMR Energy Limited PLF YTD (last full year %) 26.71%

* Commercial operation date

 Energy Business
D18 Strong pipeline of Energy projects under development
Energy assets with balanced fuel mix and long term concessions under development
Expected
Facility/Location Capacity Fuel Contract details
CoD
Kamalanga,
1050MW Coal Build Own & Operate 2012
Orissa
Chattisgarh 1200MW Coal Build Own & Operate 2012

Badrinath, BOOT for 45 years from implementation

300MW Hydro 2013
Uttarakhand agreement

Talong,
T l R off Ri
Run River on BOOT basis
b i ffor a concession
i
225MW Hydro 2014
Arunachal Pradesh period of 40 years from CoD

Bajoli Holi, Run of River on BOOT basis for a concession

180MW Hydro 2015
Himachal Pradesh period of 40 years from CoD

Upper Karnali, Build, Own, Operate & Transfer – 30 years from

450MW# Hydro 2015
Nepal generation license

Himtal, Build, Own, Operate & Transfer – 30 years from

560MW# Hydro 2015
Nepal generation license

GMR also aims to secure opportunities in transmission & be present across the sector value chain
# These are expected capacities, DPR is under preparation.
 GMR Infrastructure
E19 Highways projects : moving towards a leading concessionaire in India

Highways Highways

Operational scale
Opportunities
pp under consideration:
H ld concessions
Hold i ffor about
b t 424k
424km
from NHAI under 6 road projects 1 Our primary focus is on NHAI
opportunities.
Diversified asset mix
p gp
5 operating projects
j 2 We are activelyy p
pursuing
g Allied /
Auxiliary business streams especially
(GTAEPL – 60km, GTTEPL - 93km logistics
GACEPL – 35km, GJEPL – 58km
GPEPL – 107km) 3 Looking at partnering with EPC
contractors / Global majors.
1 under implementation
(GUEPL – 71km)
Balanced mix of 3 annuity-based
projects(260 km) and 3 Toll
Toll-based
based
projects (164 km)
Robust financial management
E20 GMR Infrastructure - Highways Projects implemented/under implementation

Annuity Toll
Particulars GTAEPL GTTEPL GPEPL GACEPL GJEPL GUEPL

Tambaram- Adloor - Gundla Ambala- Faruknagar- Tindivanam-

Location Tuni-Anakapalli Jadcherla
Tindivanam Pochanpalli Chandigarh Ulundurpet

Construct - 90 kms Construct - 46 kms

Construct - 71
Road Length 60 kms 93 kms +O&M Sweetener 35 kms +O&M Sweetener
kms
of 17 kms of 12 kms

17.5 yyears incl. 17.5 yyears incl. 20 yyears incl. 20 yyears incl. 20 yyears incl. 20 yyears incl.
Concession Period construction construction construction construction construction construction
period of 2.5 yrs. period of 2.5 yrs. period of 2.5 yrs period of 2.5 yrs period of 2.5 yrs period of 2.5 yrs

Concession Duration May'02 – Nov'19 May'02 – Nov'19 Oct'06 – Oct'26 May'06 – May'26 Aug'06 – Aug'26 Oct'06 – Oct'26

Financial Closure Jun-02 Jun-02 Sep-06 May-06 Aug-06 Oct-06

Started Started Started Started Started

Expected COD
Project status commercial commercial commercial commercial commercial
in FY09Q4
operations operations operations operations operations

2 Projects will be commissioned by Mar’09. With this, GMR will have 3 Annuity & 3 Toll
highways in operation.
E21 GMR Infrastructure - foray into Special Economic Zones (SEZs)
MOU with Tamil Nadu Industrial Development Corporation (TIDCO) for the development of a Multi-product SEZ
at Krishnagiri District, Tamil Nadu.
SEZ to be developed through an SPV which will be a JV with TIDCO.
TIDCO
SPV to get active support from the state government & TIDCO for timely land procurement process & timely
implementation of the project.
Land being
g acquired
q from Farmers directlyy : 50% alreadyy completed.
p
Commencement of development by 2009 & completion of basic infrastructure by 2014.
Project expected to generate exports turnover of about USD 4Bn by 2014.
Project
j details

Type of To house Bio Technology, IT & ITES, electronics & Engineering companies
SEZ Expected to generate direct & indirect employment for over 3 lakh people
Krishnagiri District Tamil Nadu
Nadu, close to Bangalore metropolis
Location
Excellent connectivity through NH7 and railway network

Land Parcel of land: 2,500 acres

details Land is to be acquired over a period of 1 year

Project Estimated cost for development of basic infrastructure is INR 2300 Cr.
cost Development cost including industrial and social infrastructure would be INR 11000 Cr.
Cr
 GMR Infrastructure - International Business
F22 Ambitions with Risk Management
Strategy for transforming itself into a global
Largest Airport Developer in India
infrastructure player

SGIA – Istanbul Turkey Diversification of geographical risk.

Development of new international Exploit expertise gained during domestic
terminal & operation of existing facility, projects.

gy
Strateg
will together handle 20 Mn. passengers.
Access to global resources and best-practices in
Taken over the facility for development all focus areas.
and operations since May, 2008.
Concession of 20 years with investment Airports (including Airport Real Estate) and Energy
are focus areas in the short-to-medium
short to medium term.
term
of USD 650 Mn.

Intergen N.V.
Invest in assets in developing countries with
Acquisition of 50% equity stake in

nvestmentss
High growth potential
Intergen N.V. Need for infrastructure expansion
InterGen has 12 Power Plants. Stake acquisition in global infrastructure facilities
Installed production capacity of app. Enhance understanding g of the sector g globallyy
Global In

7700 MW in 5 countries; Additional

without taking on substantial developer role.
5000 MW capacity under development.
De-risk from India-centric business.
New assets and assured off-take of
energy generated. Develop structural and organizational capabilities
f future
for f t expansion
i strategy.
t t
F23 Sabiha Gokcen International Airport, Istanbul, Turkey

Brief overview of the project Equity participation in the project

C
Concession period
d 20 years (including
l d construction
period of 30 months)
Concession fee In lieu of revenue share, USD 2.43 Bn, 20%
*
to be paid in 20 years with no fee
payablebl in ffirst 3 years 40%
Current PAX traffic 4 Mn growing at 40% 40%

Ultimate capacity 24 Mn Passengers

*
Estimated capex USD 0.50 Bn

Development plan for the Sabiha Gokcen International Airport in Istanbul

Concession provides for operation of the existing facilities and construction of new international terminal
building and complementary facilities

Concession Agreement signed on 19th March 2008

Operations Takeover and Financial Closure achieved in May 2008

Construction work to be completed in 18 months

H
Have changed
h g d th
the existing
i ti g Ai
Airportt tto gi
give it a ggood
d fface lift
lift.

* Assumed 1 Euro = 1.26 USD

 InterGen Acquisition
F24 Creating India’s
India s largest private power company with a global foot print
 GMR Industries Ltd., - Agriculture Business
G25 Emphasizing an integrated cane processing play across the value
value-chain
chain
1 Expansion + Diversification 2 Product Mix : 2009

Outlook
Sugar 11000 TCD
Upward movement in Sugar prices in the long term
However there is also need to reduce the Cogen
g 49 MW
possibility of downside in sugar through
diversification Distillery 90 KLPD
Strategy planned

G d l expansion
Gradual i iin capacities
iti b by 2012
Balanced mix of products (Sugar, Cogen, Distillery) 3 Planned Product Mix : 2012
to tide over industry cyclicality
Optimize by-product mix through introduction of
MDF (Medium Density Fiberboard) capacity
Sugar 19000 TCD
Addition of value added products such as Refined
Sugar in the portfolio Cogen
g 73 MW
Higher outputs through better cane management
Improved yields Distillery 190 KLPD

Modern harvesting techniques MDF To be

Centralized procurement decided
 GMR Industries Ltd., - Agriculture Projects
G26 implemented/under implementation
Agri Business:
1 Operating Assets
Facility Srikakulam Dist., AP First sugar factory in A.P. to receive ISO
C
Cane C
Crushing
hi C Capacity
it 5000 TCD 9001:2000
First full-fledged Co-gen plant in A.P.
Cogeneration 19 MW Lowest steam consuming plant in the
Sankili Sugar Plant Distillery 40 KLPD sugar industry

Facility Uttara Karnataka Dist.

Dist
Marks GMR’s foray in Karnataka sugar
3500 TCD market
Cane Crushing Capacity
(expandable to 5000 TCD) Commissioned in May, 2008
Cogeneration 24 MW Will generate direct and indirect
Haliyal Sugar Complex employment for over 2000 people
Distillery 50 KLPD

Facility Belgaum Dist.,Karnataka Leased from Dhanalaxmi Sugar

Cooperative on BOOT basis for 25 years
Cane Crushing Capacity 2500 TCD Commenced commercial operations
Dhanalaxmi Sugar Plant Cogeneration 6 MW from November 2008

2 Assets under development

Facility
y Belgaum
g Dist.,, Karnataka Scheduled to commence commercial
production from 2010
Cane Crushing Capacity 5000 TCD Addition of High Capacity distillery and
Cogeneration 25 MW Medium Density Fiberboard (MDF) will
reduce impact of Sugar cycle and improve
Distillery 100 KLPD
margins
Raibagh Sugar Complex MDF To be decided Commercialization by Nov 2011
H27 GMR Raxa Security Services Limited

Brief overview of the business Revenue Break up for the business

• Fulfill security / safety
Security 
i Services 
i
requirements, within the Group
Business Aspiration
• Leverage experience to be a 18.50% Aircrafts Operational support 
leading security solutions services 
provider
d to externall industrial
d l Security Audit and Technical 
8.70%
establishments by FY 11. Consultancy
3.78%
68.90% Business Support Services 
Manpower Strength • 1624 nos. as on 31st Mar’09;
Other income
• Targeted strength by end FY 10
: 2248 nos.

Key Strategic Initiatives for Raxa Security Services Limited

Continue efforts towards providing best in class training to its work force at Raxa Training Academy spread
over 100 acres, in Ananthapur District, AP.

Develop a Technical services center and gear up to provide high end technical solutions to
business/industrial establishments.

Standardize the activities of Raxa as per International norms (as a holder of ISO 9001:2000 certification).
I28 GMR Aviations Pvt. Limited

Brief overview of the business Fleet expansion plan

• GMR Aviation was established in 2006 to Fleet Present Planned

• Meet internal requirements of the Group companies Size 4 7
• Exploit opportunity in commercial market
Aircrafts 3 5
• Strength of GAPL includes
Falcon 2 4
• Support of strong GMR brand
Hawker 1 2
• Young fleet with experienced crew and well trained
operational staff. Helicopter 1 1
• It has plans to diversify into allied aviation services at B ll 407
Bell 1 1
appropriate time
Base Station Delhi, Bangalore

Growth aspirations of GMR Aviation Limited include

Consolidate its Air charter operations to meet global benchmarks in operational efficiency and
service quality.

Increase global footprints by focusing on international charters and eventually emerge as a

leading business aviation service provider in the Asia-pacific region in the long term.

Effective use of technology to provide entire spectrum of services in business aviation.

J29 GMR Group’s achievements & recognitions during 2008

• KPMG - Infrastructure Today Awards 2008

- Most Admired Company in the Transport Developer category & the “Infra Person” of the year
• Routes Orbis Award – through GMR Varalakshmi Foundation in enhancing the quality of life in the
communities living around the new Rajiv Gandhi International Airport at Hyderabad.
• Award at the European Parliament, Brussels
- Outstanding Organization for Ethics in Business
• SAP ACE 2008 Award – Best GRC Implementation.
• 2008 CIO 100 Award - Operational and strategic excellence in IT.
• Economic Times Awards for Corporate Excellence 2006–07 - ‘Entrepreneur of the year’
• Indian
I di Business
B i Leader
L d Awards
A d 2007 by
b CNBC TV18 – ‘Most
‘M t Promising
P i i g Entrant
E t t tot the
th Big League’
L g ’
• Sir M. Visveswaraiah Award – 2008
- by the Federation of Karnataka Chamber Of Commerce and Industry (FKCCI)
• Most Inspiring Entrepreneur of the Year – 2008
- award by National Institute of Industrial Engineering (NITIE), Mumbai
 Over the past 3 years,
K30 we have begun taking steps towards building an institution
Implemented a Family Constitution
Enterprise Risk Family
robust and written by Peter Leach
Management Governance
comprehensive ERM y UK,, signed
of BDO Stoy g
f
frameworkk in March 2007
framework to
support shareholder
value preservation

Corporate Planning Values & Beliefs

capabilities Building a
Being built as the culture
robust
Leveraged
g SDG for of the organization
Organization
Organization,
institutionalizing a through V&B workshops
strongly driven
rolling, scenario-based and PMS
by our Values
strategy approach that and Beliefs
enables planning under Leadership
uncertainty development and
Talent Management
Organization Increased focus on
Restructuring professionalization at GMR
and grooming of 150+
Organization restructured with Technology
emerging as well as senior
the advice of Mckinsey. Put in and Processes
leadership using in-house
place focused leadership
ERP package SAP leadership development
structure RASCI,
structure, RASCI DOP etc
etc.
implemented all across programs
the organization with
best in class processes
L31 GMR Family Constitution

Family
y Constitution –
• articulates our mission , vision & values Family Business
• prescribes a process for managing
differences within the family
Family Council
• provides a Family Code of Conduct.
• records the rules for entry of family
members into business.
• lays down the governance structure Family Non Family
Family
Business Business
• defines rights and responsibilities of family Office
Forum Forum
members working in business & not
working in business
• Wealth Management
• structure to separate ownership & control
• Family Governance
• defines an agreed process for succession, • Human Resources
election of successor • Facilities & Admin

• Codifies agreed ways of decision making

within the family

lays down the guiding framework for the family business

M32 GMR Varalakshmi Foundation’s social objectives

GMR Varalakshmi Foundation (GMRVF) is

the Corporate Social Responsibility
arm of the GMR Group.
Group Its mandate is
to develop social infrastructure and
enhance the quality of life of
communities around the locations
where the Group has a presence.

GMRVF is a section 25 (Not for Profit)

company. It has its own professional
staff drawn from top academic and
social work institutions. It is governed
by a Board, Chaired by the Group
Chairman GMR Group.
Chairman, Group

The thrust areas are:

Education
Health, hygiene and sanitation
Empowerment/ Livelihoods
Community-based programmes
Sharing and Donations
M33 GMR Varalakshmi Foundation – Latest numbers at a glance
Locations of Operation
• 15 across 10 states
Educational institutions operated
• Engineering college – 1
• Degree college 1
• Schools – 4

G t School
Govt S h l outreach
t h
• Schools being partnered – 75
• Students impacted: over 14,000
Pre-Schools
• Own and partnered Balbadis/Anganwaadis – 63
• Children impacted: over 1600
Health
• Ambulances run: 3 (average cases per month 30)
• Mobile medical units: 3 (cases per week 3000)
• Medical clinics : 8
• Public and community toilets built and operated: 15
• School health check up annual average coverage: over 2000

Livelihood & Empowerment

• No. of training institutes for unemployed youth: 6
• No. of trainees per year: about 3000
• Settlement rate: over 75%
• No. of Self Help Groups: 75