Delhi Airport Metro Express Private Limited (DAMEPL), a subsidiary of Reliance Infrastructure has been awarded compensation of Rs 2,950 crore by a three member Arbitral Tribunal, a company statement said.
Tag: Reliance Infrastructure
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Reliance Infra profit rises 7% to Rs 439 crore
Reliance Infrastructure (R-Infra) has reported a 7.2 per cent rise in its net profit for the April-June quarter, on the back of lower expenses. The company reported a consolidated net profit of Rs 439 crore, against Rs 409 crore reported a year ago.
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Brookfield to buy out RInfraĆĀ“ road assets
Brookfield, the worldĆĀ“s second biggest manager of alternative assets like real estate and private equity from Canada, has emerged as the frontrunner to take over the entire portfolio of 11 road projects of Reliance Infrastructure for an enterprise value of Rs.8,000 crore.
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Reliance Infra to de-merge REGSPL for Rs.6,282.50 crore
Reliance Infrastructure has announced the de-merger of certain power generation and supply businesses in Mumbai, Goa and Andhra Pradesh into a subsidiary for a consideration of Rs.6,282.50 crore.
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Reliance Infrastructure Q3 net up 2 per cent at Rs.463 cr
Reliance InfrastructureĆĀ“s consolidated net profit increased by mere 2 per cent to Rs.463 crore for the quarter ended December 31, 2015 against Rs.452 crore in Q3 FY15. The companyĆĀ“s cement business and Mumbai Metro continue to incur loss at Rs.44 crore and Rs.49 crore respectively.
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Ready? Fire! Aim!
As project managers rush headlong into implementation without planning and carrying out pre-project activities, itĆĀ“s a case of putting the cart before the horse. No wonder catastrophic delays and bungled projects are the order of the day.
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Power plants falter on green regulations
A staggering 90 per cent of coal-based thermal power plants in India fare unsatisfactorily on the environmental front. While state-owned power generation companies are among the worst performers, plants owned by private firms have performed better on environmental and energy parameters.
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Maharashtra clears metro projects
Days after terminating its contract for the second Metro with Reliance Infrastructure, Maharashtra
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Delta Displays | Delta ties up with MMOPL for world-class Mumbai Metro
Delta, a leading provider of video wall solutions, has provided a high-end video wall solution to the Operations Control Centre (OCC) of Mumbai Metro One Pvt. Ltd. Mumbai Metro One Pvt. Ltd (MMOPL) is a joint venture company owned by Reliance Infrastructure, Veolia Transport
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Reliance’s Butibori plant now fully operational
Reliance Power said its 600 MW coal-based power plant at Butibori in Maharashtra is fully operational. Butibori Power Project is being developed by Vidarbha Industries Power (VIPL), a subsidiary of Reliance Power.