Rinfra
Recent Highlights
All Stories for Rinfra
Reliance Infra wins Rs 648 cr contract from AAI to build new airport at Rajkot in Gujarat
•Reliance Infrastructure (RInra) on Tuesday said the company has bagged a Rs 648 crore contract from the Airport Authority of India to build a new airport at Hirasar, in Rajkot district of Gujarat
Mumbai fumes over 50% spike in electricity bills since Adani Power took over; discom cites tariff revision in September as cause
Fp Staff •The residents of Mumbai are agitated over inflated electricity bills received from Adani Power since the company took over the city's power circle in August from the Anil Ambani-led Reliance Infrastructure (RInfra). The Congress party and some consumers have taken to social media to accuse the company of increasing the bills sharply in October.
Anil Ambani-led Reliance Infra consortium inks pact with MSRDC for Rs 7,000 cr Versova-Bandra sea link project
•Reliance Infrastructure-Astaldi had earlier bagged the engineering, procurement and construction (EPC) contract for the Rs 7,000 crore project on a competitive bid basis. The consortium had emerged the most competitive bidder with their bid of Rs 6,993.99 crore.
Anil Ambani-led Reliance Infrastructure wins Rs 200-crore arbitration against National Highway Authority of India
•Reliance Infrastructure said the need for arbitration arose due to prolonged delay in providing land by the NHAI to TD Toll Road Pvt Ltd (TD Toll Road), a wholly-owned subsidiary of Reliance Infrastructure, resulting in cost over-run during construction and change in location of the toll plaza.
Anil Ambani-led Reliance Infra bags Rs 1,907-cr contract for package-7 of Nagpur-Mumbai expressway
•The contract involves the development of package-7 from 296 km to 347 km, which is a part of Maharashtra government's flagship Rs 46,000-crore and over 700 km long Samruddhi Mahamarg project
Anil Ambani-led Reliance Infrastructure completes Rs 18,800-cr Mumbai power business sale to Adani Transmission
•Anil Ambani said the Reliance Infra-Adani Transmission deal will help cut the company's overall debt to Rs 7,500 crore from the earlier Rs 22,000 crore
Reliance Infrastructure defaults on Rs 133 cr non-convertible debentures redemption payment; shares down 1.46%
•Reliance Infrastructure, however, said it expects to make these payments in the next few days from the proceeds from the sale of Mumbai Power Business to Adani Transmission for Rs 18,800 crore.
Reliance Infrastructure wins Rs 292 cr arbitration award against Goa government
•It said the need for arbitration arose due to prolonged non-payment of dues by the state government towards supply of electricity by RInfra from its 48 MW Goa Power Plant in Sancoale
Anil Ambani's RInfra to team up for bullet train project, plans rights issue for defence arm
•The rights issue will help promoters to increase stake in the company by 5 percentage points to 36 per cent
Reliance Defence to form a joint venture with Thales for developing military hardware
Ians •Reliance Defence's intends to form a JV with French aerospace and defence electronics major Thales to develop skills and activity in military hardware.