BSCPL Infra Projects Limited (BIPL):
This is a Wholly Owned Subsidiary (WOS) of BSCPL, having a paid up capital of about Rs. 30 crores. The Objective of this Company is to own Special Purpose Vehicle Companies, which own and execute Road Projects on DBFOT Model, i.e. to “Design, Build, Finance, Own and Transfer”. Presently, the Company has seven (7) such BOT Projects, either completely owned or partially owned through JV Partners. The details of such ‘step-down subsidiaries’ or ‘associate companies’ are as given below:
BSCPL International FZE, UAE
This Company was incorporated in 2005 in Dubai as a Wholly Owned Subsidiary of BSCPL Infrastructure Ltd., to undertake the construction of a 14 storied building that would have 142 apartments.
The Company has three more subsidiary companies under it, with 70% holding, viz.,
• Green Desert Venture Inc., Bahamas
• Green Desert Ventures Ltd., Dubai
• Progressive International Holdings, British Virgin Islands.
BSC – C&C (JV) Nepal Private Limited.
BSC – C&C (JV) Nepal Private Limited is a company registered under the laws of Nepal, is engaged in the business of manufacturing stone aggregate, stone dust and granular sub base. The holding of BSCPL being 50% in this Company, it is considered as an Associate Company of BSCPL.