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INKEL Limited is a public-private partnership (PPP) initiative promoted by the Government of Kerala, aimed at developing infrastructure in the state. Here are some key points about the company:

1. Background and Headquarters: INKEL Limited is headquartered in Kerala, India. It was formed to address the infrastructure needs of Kerala by mobilizing investments from both the public and private sectors.

2. Public-Private Partnership: The Government of Kerala holds a significant equity stake in INKEL, alongside other public sector undertakings like KINFRA and KSIDC. This PPP model helps in leveraging government control and private sector efficiency.

3. Diverse Infrastructure Projects: INKEL engages in various sectors including healthcare, renewable energy, road projects, and business parks. Notable projects include the Cochin Cancer Hospital and Research Centre and the KINFRA Mega Food Park.

4. Special Purpose Vehicle (SPV): INKEL, serving as a Special Purpose Vehicle (SPV) and Project Management Consultant (PMC) for various government departments in Kerala, manages and implements hospital, school, and treasury projects funded by KIIFB. Key projects include the construction and renovation of 7 hospitals, modernization of 39 schools (with 25 completed ), and construction of 24 sub-treasury buildings (with completed). INKEL also commissioned a Liquid Oxygen Plant and completed a Cancer Block at General Hospital Ernakulam. They earn revenue through centage fees ranging from 3 to 7% of project costs.

5. Renewable Energy Initiatives: The company is recognized as a government-accredited agency for implementing renewable energy projects. INKEL has executed over 15 MWp of solar power projects and is developing a 14 MW wind energy project.

6. Financial Performance: The company reported a total income of ₹30.7 crores in FY24. Despite generating lower returns on some investments, INKEL has a comfortable capital structure with a low debt-to-equity ratio.

7. Governance and Board: The board of INKEL includes representatives from the Government of Kerala and members from the business community, ensuring a diversified governance structure.

8. Business Model and Revenue Streams: INKEL generates revenue through project management consultancy, joint ventures, and direct project execution.