Reliance Infrastructure Ltd (RInfra) has reported a 49 per cent rise in its consolidated net profit for the December 2016 ended quarter, owing to better operational performance.
Tag: Reliance Infrastructure Ltd
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NLC India awards projects to BGR
NLC India Ltd has awarded projects worth Rs.6,480 crore to BGR Energy Systems and Reliance Infrastructure Ltd.
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Rel Infra looks to divest toll road assets by Sept
The Anil Ambani-led Reliance Infrastructure Ltd. is contemplating selling its 11 toll road assets to an overseas buyer for $1.5 billion. The company revealed that the deal would go through by September 2016.
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Tight liquidity scenario and toll non-compliance governed the road sector performancey
As against the target of 9,000 kms, during the first six months of 2012-13, NHAI managed to award only six projects. These six projects incĂÂluded two large-scale projects Ăâ Mega Maharashtra Highway (484 kms; Amravati-Jalgaon-Gujarat) and WalajĂÂahpet PoonĂÂamallee (93 kms). However, these projects were bid out at seemingly aggressive prices.