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Think Bigger, Think Better
|Traded as||BSE: 500390|
|Anil Ambani |
|Products||Electrical power, natural gas, defence, infrastrucutre, transport|
|Services||Electricity generation, natural gas exploration, production, transportation, defence|
|Revenue||₹284.29 billion (US$4.0 billion) (2018)|
|₹13.40 billion (US$190 million) (2018)|
|Total assets||₹242.19 billion (US$3.4 billion) (2018)|
Number of employees
|Parent||Reliance Anil Dhirubhai Ambani Group|
|Subsidiaries||Reliance Defence Ltd|
Reliance Infrastructure (formerly Reliance Energy and Bombay Suburban Electric Supply), is an Indian private sector enterprise involved in power generation, infrastructure, construction and defence. It is part of the Reliance Anil Dhirubhai Ambani Group. The company is headed by Anil Ambani. The corporate headquarters is in Mumbai. Reliance Infrastructure interests are in the fields of power plants, metro rail, airports, bridges, toll roads, defence. It is a major share holder in another group company Reliance Power and Reliance Naval and Engineering Limited.
Reliance Energy came into existence when it took over Bombay Suburban Electric Supply (BSES) in 2002. In April 2008, Reliance Energy changed its name to Reliance Infrastructure. Reliance Infrastructure sold its Power Transmission business in Mumbai to Adani Electricity in September 2018 for Rs. 18800 crores.
Mumbai Metro - I The landmark project is one of the first steps in restructuring Mumbai. Phase I will be implemented on a Build-Operate-Transfer basis for 35 years. The phase includes construction of three metro lines. A consortium led by RInfra along with Veolia Transport Co. with Mumbai Metropolitan Region Development Authority (MMRDA); Mumbai Metro One Pvt Ltd secured the contract for the ₹23.56 billion (US$330 million) Versova-Andheri-Ghatkopar corridor was built by Mumbai Metro – I consortium and ₹110 billion (US$1.5 billion) Charkop – Bandra – Mankhurd will be built as Mumbai Metro II consortium. Mumbai Metro I is operational.
Reliance Infrastructure and Hyundai Engineering, formed a joint venture to build the Worli-Haji Ali part of the Western Freeway. The consortium was also to toll the Bandra Worli Sea Link for 40 years. In early 2012, the Municipal Corporation of Greater Mumbai proposed constructing a 35 km coastal road between Nariman Point and Kandivali.
Reliance protested against this project as it claimed it would incur losses. Subsequently, the Government of Maharashtra appointed a committee to look into the matter. Later, it was reported that the MSRDC was likely to scrap the deal with Reliance due to the latter not having started construction two years after signing the agreement. Afterwards, it was announced that the deal was scrapped as the mediation report stated that it was impossible to build.
Reliance Infrastructure entered the road building industry in 2006 with two National Highway projects in Tamil Nadu. The first was Namakkal to Karur and the second Dindigul to Samynellore, both on National Highway 44 (formerly National Highway 7). In 2011, it was announced that the company was planning to buy out licences to build road projects from companies unable to do so.
Reliance Infra is constructing 1000 km of highway and expressway projects worth ₹120 billion (US$1.7 billion) in India. The company is largest concessionaire to NHAI with 11 projects.The company is also bidding for 500 km of projects in India. There are five projects in Tamil Nadu out of which three are operational. All the projects are on Build–operate–transfer mode of funding. The other projects include:
- Hosur-Krishanagiri Road Project
- Pune-Satara Road Project
- Dindigul-Samyanellore Road Project
- Namakkal-Karur Road Project
- Trichy-Dindigul Road Project
- Gurgaon-Faridabad Road project
- Salem-Ulundurpet Road Project
- Trichy-Karur Road Project
- Kandla-Mundra Road Project
- Jaipur-Reengus Road project
- Delhi-Agra Road Project
Dadri & Sasan Power Project
Reliance Infrastructure is constructing a 5600 MW gas based Thermal Power Plant in the district of Dadri in the northern state of Uttar Pradesh. It is planned to be the single largest grassroot gas-fired generation plant in the world and solve much of the power supply shortages of northern India. The ADAG group was earlier in a bitter fight with Mukesh Ambani controlled Reliance Industries. On 15 June 2009 the Mumbai High Court ruled in favour of Reliance Natural Gas Limited.
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