Equity shares of GMR Power and Urban Infra Ltd, the non-airport business company of the GMR Group, will start trading on BSE and NSE from Wednesday onwards. "The scrip will trade under the script ID GMRP&UI," the company said in a statement. GMR Power and Urban Infra Limited (GPUIL) is the new entity into which the non-airport businesses of GMR Group have been demerged. Post the demerger, GIL (GMR Infrastructure Limited) has emerged as the India's first pure-play airports' company and has been trading ex-demerger since January 12, 2022. "GPUIL now has some of the best-in-class infrastructure assets in India, which include state-of-the-art power plants and renewable energy assets, highways, and special investment regions," it said. The firm has a balanced mix in its energy generation portfolio - 4.8 GW of power generation capacity, of which 2.8 GW is commissioned. The company operates two solar power plants at Patan in Gujarat and at Rajam in Srikakulam district of Andhra Pradesh.
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