Inkel Limited Unlisted Shares

(i) INKEL Ltd is a Public-Private Partnership (PPP) initiative promoted by the Government of Kerala. It brings together, the government agencies, non-resident and resident investors and the general public, to create a platform for the development of public infrastructure.

(ii) The primary objective of INKEL is to channelize and public and private capital and professional expertise for infrastructure development.

(iii) Inkel offers services ranging from concept development to the completion and handing over of projects in the following sectors.

a) Health Care

The Company was conferred with the status of a Special Purpose Vehicle by the Government of Kerala for the execution of major health care projects under its ‘Healthcare to the Poor’ mission. These include Cochin Cancer Hospital and Research Centre; Ernakulam Medical College; Thiruvananthapuram Medical College; Wynad Medical College; General Hospitals at Ernakulam, Punalur, Chirayinkeezhu, Kottayam and much more aggregating to project value of nearly Rs.3000 Crores.

The Company is entitled to a specified percentage of the project cost for implementing the projects and successful completion of these projects would take the Company to the unique position of the implementing agency of the largest healthcare projects in Kerala.|

b)  Other GoK Assignments

The government of Kerala has also appointed the Company as either as an SPV or awarded the assignments on deposit work basis for jobs aggregating to approximately Rs.400 Crores. These include KINFRA Defence Park, Kerala State Coir Corporation, ETP Chandiroor, KINFRA Mega Food Park, Musiris Heritage Project, KSIDC Life Science Park, Alappuzha Mobility Hub, and Alappuzha Heritage project.

c) Solar Energy

The Company registered major success in the Solar Energy business with a turnover of Rs. 20 Crores in FY18 taking the company as one of the major companies in the renewable energy segment.

d) Road Projects 

The Company in a joint venture with M/s. EKK Infrastructure Limited completed its first PPP Road project with a value of Rs.161.48 Crores, in May 2018, five months ahead of the scheduled completion date. The Concession Period of the Project is 15 years with 2 years for Construction and 13 years for Maintenance.

e) INKEL Business Park IBP Angamaly

Company’s two Towers at the IBP have attracted entrepreneurs and investments from different segments of the Industry. The total space constructed at this park is 4.25 lac square feet. While Tower I is fully occupied, one floor of Tower II is vacant and it is quite likely that this space also would be leased in the next two to three months. In the wake of this success, over the next couple of years, 4 more Towers are being planned at the Business Park. The work on the first tower would start in two months.