Tag: Reliance Infrastructure

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R-Infra to sell road projects to cut its debt

R-Infra to sell road projects to cut its debt

To cut down its debt burdern of about Rs 21,976 .18 crore, Reliance Infrastructure (R-Infra) is mulling to sell either all or most of its 11 road projects. R-Infra is a part of the Anil Ambani-led Reliance Group. R-Infra has appointed consulting firm EY or Ernst and Young, to oversee the sale.

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Widened Salem-Ulunderpet road cuts travel time by half

Widened Salem-Ulunderpet road cuts travel time by half

Reliance Infrastructure (RInfra) has complted widening of Salem-Ulundurpet road in Tamil Nadu and the company has begun collection of toll on the road.
Commuters can now travel on the 136 km stretch in less than two hours, which used to take over four hours earlier, Rinfra said.

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EPC in roads Whats wrong with EPC?

EPC in roads Whats wrong with EPC?

If you thought only BOT projects were in trouble, think again. The faltering roads sector is increasingly dependent on sentiment, and this dependence is clear from the recent negativity that has crept even into EPC. Bringing back investor sentiment should now be supreme.

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The new bill in its current form is seriously flawed in some ways

The new bill in its current form is seriously flawed in some ways

Land acquisition is the single most important reason for Mumbai's much-awaited, dispute-ridden metro rail to be repeatedly postponed and for the cancellation of its second line. Sumit Banerjee, CEO-Infrastructure, Reliance Infrastructure and Vice Chairman at Reliance Cement, explains to Shashidhar Nanjundaiah whether the current Land Acquisition Bill could have helped.

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Mumbai Metro to be commissioned this year

Mumbai Metro to be commissioned this year

Mumbai likely to have its Metro rail service by this year end, said the project executing company Reliance Infrastructure on August 27. The company added that it is waiting for requisite approvals. The firm is planning expansion of the metro line. Once it started, the Mumbai Metro rail can accommodate seven lakh passengers a day.

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NHAI circulates qualification list of road developers

NHAI circulates qualification list of road developers

Larsen and Toubro Infrastructure Development Projects, Leighton Welspun Contractors, Uniquest Infra Ventures, Reliance Infrastructure, have emerged as developers who can bid for largest national highway projects. The National Highways Authority of India (NHAI) has recently circulated the annual qualification list for 2013 for 61 bidders, including five for which the results were withheld primarily for some