Reliance Infrastructure
 |
This article appears to be written like an advertisement. (April 2012) |
 |
This article needs additional citations for verification. (June 2012) |
 |
|
| Type | 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 |   17906 crore (US$3.3 billion) (2012)[1] |
| Net income | 2000 crore (US$370 million) (2012)[1] |
| Total assets | 34018 crore (US$6.2 billion) (2011)[2] |
| Employees | 8,988 (2011)[1] |
| Parent | Reliance Anil Dhirubhai Ambani Group |
| Website | www.rinfra.com |
Reliance Infrastructure Ltd. (BSE: 500390, NSE: RELINFRA) formerly known as Reliance Energy and prior to that as Bombay Suburban Electric Supply (BSES), Its India's largest private sector enterprise in power utility[3] and its a company under the Reliance Anil Dhirubhai Ambani Group banner, one of India's largest conglomerates. The company is headed by Anil Ambani. The company's corporate headquarters is situated in Mumbai.[2] The company is the sole distributor of electricity to consumers in the suburbs of Mumbai. It also runs power generation, transmission and distribution businesses in other parts of Maharashtra, Goa and Andhra Pradesh.
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
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 a period of 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. together with Mumbai Metropolitan Region Development Authority (MMRDA); Mumbai Metro One Pvt Ltd bagged the contract for the
2356 crore (US$430 million) Versova-Andheri-Ghatkopar corridor will be built by Mumbai Metro- I consortium and 11000 crore (US$2.0 billion) Charkop - Bandra - Mankhurd will be built as Mumbai Metro II consortium.[7] Work has already begun on Mumbai Metro-I, which should be completed by March 2013.[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
Reliance Infra is constructing five airports in Maharashtara. The company is also bidding for new airport projects throughout India and Asia. 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 subsequently 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 Infra is constructing 1000 km of Highway and expressway projects worth 12000 crore (US$2.2 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:
- 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 projects
Reliance Energy is currently constructing a 5500 MW gas generation power plant in the district of Dadri in the northern state of Uttar Pradesh. It is planned to be the single largest gas grassroot gas fired generation plant in the world and will 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 June 15, 2009 the Mumbai High court ruled in favour of the Reliance Natural Gas Limited.
The Sasan project (Madhya Pradesh) is a 6 * 660 MW coal fired power plant project currently under construction.
Other projects
Reliance Energy won on competitive bidding last year for 280 MW Urthing Sobla hydro power project in Uttarakhand. It has also won two power projects totaling 1700 MW in Arunachal Pradesh.[citation needed]
References
- ^ a b c "BSE 2010 Data". ttp://www.bseindia.com. Retrieved 2011-07-13.
- ^ a b "Reliance Energy". Rel.co.in. Retrieved 2010-09-02.
- ^ "Reliance Infrastructure - Ever seeking to expand spectrum. - Free Online Library". Thefreelibrary.com. 2010-02-01. Retrieved 2010-09-02.
- ^ Chandran, Rina (2008-04-28). "India Reliance Energy is now Reliance Infrastructure". Reuters. Retrieved 2010-09-02.
- ^ "Reliance Energy News". Reliance-energy-news.newslib.com. Retrieved 2010-09-02.
- ^ "'Metro, Worli-Haji Ali sea link work on schedule' - Mumbai - DNA". Dnaindia.com. 2010-08-17. Retrieved 2010-09-02.
- ^ 4 Aug, 2009, 05.56PM IST,ECONOMICTIMES.COM (2009-08-04). "Reliance Infra wins Rs 11,000-cr Mumbai Metro-II project - The Economic Times". Economictimes.indiatimes.com. Retrieved 2010-09-02.
- ^ 6 May, 2012DNA India. ""Mumbai's first metro may chug in 2013". DNA India". Retrieved 2012-05-08..
- ^ "Reliance Infrastructure signs pact for $2.2-bn Mumbai Metro-II". Thaindian.com. 2010-01-21. Retrieved 2010-09-02.
- ^ "Reliance Infrastructure to develop Worli to Haji Ali Sea Link". Indiainfoline.com. 2010-06-29. Retrieved 2010-09-02.
- ^ 29 Jun, 2010, 12.26AM IST, ET Bureau (2010-06-29). "Reliance Infrastructure to raise Rs 2,600 cr for Worli sea link project - The Economic Times". Economictimes.indiatimes.com. Retrieved 2010-09-02.
- ^ "MSRDC mulls options for sea link to Haji Ali". Mumbai. DNA. May 22, 2012. Retrieved 2012-07-22.
- ^ "BMC panel moots 35.6km coastal road". Mumbai: Daily News and Analysis. 2012-01-18. Retrieved 19 May 2012.
- ^ Siddhaye, Ninad (2012-01-07). "Maharashtra takes steps to bridge sea link differences". Mumbai: Daily News and Analysis. Retrieved 19 May 2012.
- ^ "Maharashtra appoints committee to decide on sea link project". Mumbai: Daily News and Analysis. 2012-05-10. Retrieved 19 May 2012.
- ^ Shaikh, Zeeshan (June 15, 2012). "MSRDC board likely to scrap R Infra’s contract for Worli-Haji Ali sea link". Mumbai. Hindustan Times. Retrieved 2012-07-22.
- ^ Tembhekar, Chittaranjan (June 25, 2012). "It's final: Sea link extension junked, coastal road likely". Mumbai. Times of India. Retrieved 2012-07-22.
- ^ "Reliance Energy, NHAI join hands to pave way for highway development". New Delhi: The Financial Express. 2006-01-31. Retrieved 14 April 2012.
- ^ Naidu, Katya (2011-08-17). "R-Infra looks for business in troubled road projects". Mumbai: Business Standard. Retrieved 15 April 2012.
- ^ ": Vision Media Group publisher of Power Insight bi-monthly magazine .:". Vision-media.co.in. Retrieved 2010-10-25.
- ^ "RInfra announces commencement of Salem-Ulundurpet four- lane stretch". Salem: The Hindu. August 2, 2012. Retrieved 2012-08-21.
- ^ "Highways Sector on Overdrive - NBM Media". Nbmcw.com. Retrieved 2010-10-25.
- ^ 22 Jul, 2008, 08.34PM IST,PTI (2008-07-22). "Hearing on dispute over Reliance gas adjourned till Wednesday - The Economic Times". Economictimes.indiatimes.com. Retrieved 2010-09-02.
External links
|
||||||||||||||||||||||||||||||||||
