Reliance Infrastructure

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Reliance Infrastructure Ltd
Public company
Traded as BSE: 500390
NSE: RELINFRA
Industry Utilities (energy)
Founded 2002
Headquarters Mumbai, India
Key people
 Anil Ambani
(Chairman)
Products electrical power
natural gas
Services Electricity generation and distribution
natural gas exploration, production, transportation and distribution
Revenue Increase ₹179.06 billion (US$2.7 billion) (2012)[1]
Increase ₹20 billion (US$300 million) (2012)[1]
Total assets Increase ₹340.18 billion (US$5.1 billion) (2011)[2]
Number of employees
 8,988 (2011)[1]
Parent Reliance Anil Dhirubhai Ambani Group
Slogan Think Bigger, Think Better
Website www.rinfra.com

Reliance Infrastructure Ltd., is India's largest private sector enterprise power utility and construction company.[3] It is part of the Reliance Anil Dhirubhai Ambani Group. The company is headed by Anil Ambani. The corporate headquarters is in Mumbai.[2] Reliance Infrastructure interests in Metro Rail, Airports, Bridges, Toll roads, Defence. It is major share holder in another group company Reliance Power

History

Reliance Energy came into existence when it took over BSES in 2002. In April 2008, Reliance Energy changed its name to Reliance Infrastructure.[4][5]

Metro Rail

Azad Nagar Station, Mumbai Under Construction

Mumbai Metro Mumbai Metro –I The landmark project is one of the first steps in restructuring Mumbai.[6] 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 Anil Dhirubhai Ambani Group's Reliance Energy Ltd (REL) 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$350 million) Versova-Andheri-Ghatkopar corridor will be built by Mumbai Metro – I consortium and ₹110 billion (US$1.6 billion) Charkop – Bandra – Mankhurd will be built as Mumbai Metro II consortium.[7] Mumbai Metro I is operational[8]

Mumbai Metro –II The 32-km corridor Mumbai Metro- II, conceived as a fully elevated project with 27 stations, will link Navi Mumbai and the western suburbs with Charkop in the north to Bandra and then to Mankhurd in the East.[9]

Delhi Airport Metro Express The DAMEL Delhi Airport Metro Express is a Metro line linking New Delhi Metro Station to Indira Gandhi International Airport.

Airports

Baramati Airstrip

Reliance Infra is constructing[when?] five airports in Maharashtra. The company is bidding for new airport projects throughout India and Asia. The five airports in Maharashtara are as follows:

Bridges

Reliance Infrastructure and Hyundai Engineering, formed a joint venture to build the Worli-Haji Ali part of the Western Freeway.[10][11] The consortium was also to toll the Bandra Worli Sea Link for 40 years.[12] In early 2012, the Municipal Corporation of Greater Mumbai proposed constructing a 35 km coastal road between Nariman Point and Kandivali.[13]

Reliance protested against this project as it claimed it would incur losses.[14] Subsequently, the Government of Maharashtra appointed a committee to look into the matter.[15] 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.[16] Afterwards, it was announced that the deal was scrapped as the mediation report stated that it was impossible to build.[17]

Toll roads

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).[18] In 2011, it was announced that the company was planning to buy out licences to build road projects from companies unable to do so.[19]

Reliance Infrastructure (R Infra) has emerged as an electricity distribution and generation, natural gas exploration and production, construction, and transportation conglomerate as the largest concessionaire of NHAI with 11 road projects totalling 1,000 km worth about ₹120 billion (US$1.8 billion) with more than 10,000 people working at various sites. Constructing Metro systems in Delhi and Mumbai totalling more than 75 km of track. Reliance Infrastructure is also bidding for projects in Nepal and Maldives.

Reliance Infra is constructing 1000 km of highway and expressway projects worth ₹120 billion (US$1.8 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.[20] All the projects are on Build–operate–transfer mode of funding. The other projects include:

Toll Plaza on NK Toll Road
  • 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[21]
  • Trichy-Karur Road Project
  • Kandla-Mundra Road Project
  • Jaipur-Reengus Road project
  • Delhi-Agra Road Project[22]

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.[23] On 15 June 2009 the Mumbai High Court ruled in favour of Reliance Natural Gas Limited.

Sasan UMPP along with the coal mine is the largest integrated coal-cum-power plant in the World. It is India's first domestic coal-based UMPP. With an estimated cost of around Rs 20,000 Crores (US$ 4 billion), this is the single largest investment happened across any industry in India till date. Power generated from the project would be sold to 14 procurers in seven states of India at a levelized tariff. This UMPP will use super critical technology which results in higher operating efficiency and also reduces the carbon emissions thereby making it an environment friendly technology. It is expected to be fully operational in 2016.

Other projects

Reliance Energy won on competitive bidding last year[which?] for 280 MW Urthing Sobla hydro power project in Uttarakhand. It has won two power projects totalling 1700 MW in Arunachal Pradesh.[citation needed]

See also

References

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External links

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