Formerly |
|
---|---|
Company type | Public |
Industry | |
Predecessor | Bombay Suburban Electric Supply Limited |
Founded | 1 October 1929 as Bombay Suburban Electric Supply Limited |
Headquarters | DAKC, , |
Key people |
|
Products |
|
Services |
|
Revenue | ₹19,132.55 crore (US$2.4 billion) (2022) |
₹138.42 crore (US$17 million) (2022) | |
₹−807.70 crore (US$−100 million) (2022) | |
Total assets | ₹62,689.23 crore (US$7.9 billion) (2022) |
Total equity | ₹16,491 crore (US$2.1 billion) (2022) |
Number of employees | 5,400+ (2021) |
Parent | Reliance Anil Dhirubhai Ambani Group |
Website | www |
Footnotes /references [1] [2] |
Reliance Infrastructure Limited (R-Infra), formerly Reliance Energy Limited (REL) and Bombay Suburban Electric Supply (BSES), is an Indian private sector enterprise involved in power generation, infrastructure, construction and defence. [3] It is part of the Reliance Anil Dhirubhai Ambani Group. The company is headed by its chairman, Anil Ambani, and chief executive officer, Punit Narendra Garg (since 6 April 2019). The corporate headquarters is in Navi Mumbai. [4] Reliance Infrastructure's interests are in the fields of power plants, metro rail, airports, bridges, toll roads, and defence. It is a major shareholder in the other group company, Reliance Power and Reliance Naval and Engineering Limited.
In Fortune India 500 list of 2019, Reliance Infrastructure was ranked as the 51st largest corporation in India with first rank in 'Infrastructure Development' category. As of March 2018, [update] Reliance Infrastructure has 56 subsidiaries, 8 associate companies, and 2 joint-ventures. The EPC Business division of the company in 2018 has bagged various orders, including ₹7,000 crore Versova–Bandra Sea Link project, [5] ₹3,647 crore Uppur Thermal Power Project, ₹1,881 crore National Highway projects from NHAI in Bihar & Jharkhand, [6] ₹1,585 crore Mumbai Metro Line-4 project, [7] ₹1,081 crore Kudankulam Nuclear Power Plant project [8] and others.
The predecessor company, Reliance Energy Limited, came into existence when it took over an 83-year-old government undertaking, the Bombay Suburban Electric Supply (BSES) in 2002. [9] BSES was originally founded in October 1929.
In April 2008, Reliance Energy Limited changed its name to Reliance Infrastructure Limited. [10] [11] The company entered the road building industry in 2006 with two National Highway projects in Tamil Nadu (Namakkal-Karur and Dindigul-Samayanallur), both sections of National Highway 44 (formerly NH 7). [12] In 2011, it was announced that the company was planning to buy out licences to build road projects from companies unable to do so. [13]
In September 2018, at a time of financial stress, R-Infra sold its power transmission business in Mumbai to Adani Electricity Mumbai Limited for ₹18,800 crore (equivalent to ₹250 billionorUS$3.1 billion in 2023). [14]
Till 2002, the Delhi Vidyut Board (DVB) used to supply electricity to NCT of Delhi, except areas of Lutyens and Cantonment which were & are still catered by New Delhi Municipal Council (NDMC) and Military Engineer Services (MES) respectively. The same year in July, DVB was unbundled and was split into 3 distribution companies namely, BSES Rajdhani Power Limited (BRPL), BSES Yamuna Power Limited (BYPL) & Tata Power Delhi Distribution Limited (TPDDL). Both BRPL and BYPL are 51:49% joint venture between Reliance Infrastructure and Government of Delhi. Since then, BRPL supplies electricity to South & West Delhi covering an area of 750 sq. km. Similarly, BYPL supplies electricity to Central & East Delhi covering an area of around 200 km2.
Reliance Infrastructure with its subsidiary company, Reliance Airport Developers Limited (RADL) operated five minor brownfield airports in various small towns of Maharashtra, viz. Nanded Airport, Latur Airport, Baramati Airport, Yavatmal Airport, and Osmanabad Airport. In March 2015, the Government of Maharashtra was looking at cancelling the agreements and taking back control of the airports due to slow progress. [15]
In March 2019, the company received a contract from the Airports Authority of India (AAI) worth ₹ 648 crores (USD 92 million) for the construction of Rajkot Greenfield Airport at Hirasar in Rajkot district of Gujarat state. [16]
Reliance Infrastructure is the largest concessionaire of the National Highways Authority of India (NHAI), having received as many as eleven contracts to build roads under the NHDP Phase-V. These eleven contracts involve constructing about 1,000 km of highway and expressway projects worth ₹120 billion (US$1.5 billion). All the projects are on Build–Operate–Transfer scheme of funding, where R-Infra is required to raise all its own funds and gets to collect tolls on the road for a period of thirty years. Three of the projects (all in Tamil Nadu) are already operational. [19] The eleven projects are:
Reliance Infrastructure and Hyundai Engineering formed a joint venture to build the Worli-Haji Ali Sea Link, part of the Western Freeway. [22] [23] The consortium was also to toll the Bandra Worli Sea Link for 40 years. [24] In early 2012, the Municipal Corporation of Greater Mumbai proposed constructing a 35 km coastal road between Nariman Point and Kandivali. [25]
Reliance protested against this project as it claimed it would incur losses. [26] Subsequently, the Government of Maharashtra appointed a committee to look into the matter. [27] Later, it was reported that the MSRDC was likely to cancel the deal with Reliance due to the latter not having started construction two years after signing the agreement. [28] Afterwards, it was announced that the deal was canceled as the mediation report stated that it was impossible to build. [29]
Projects where the Engineering-Procurement-Construction (EPC) contract was awarded to Reliance Infrastructure Limited:
Projects where the Balance of Plant (BoP) contract was awarded to Reliance Infrastructure Limited:
As of March 2020, Reliance Infrastructure Limited has 58 subsidiaries [30] including Reliance Defence, Dassault Reliance Aerospace, BSES Rajdhani Power, BSES Yamuna Power, BSES Kerala Power, Reliance Naval Systems, Reliance Airport Developers, Mumbai Metro One, Reliance Sealink One, Delhi Airport Metro Express, Reliance Smart Cities, Thales Reliance Defence Systems, Reliance Power Transmission, Reliance Aerostructure and Reliance Helicopters.
The Mumbai Metro is a rapid transit (MRT) system serving the city of Mumbai and the wider Mumbai Metropolitan Region in Maharashtra, India.
Delhi, a major metropolitan region of India, is connected to various parts of country through several national highways and expressways. All the highways and expressways from Delhi lead to Haryana or Uttar Pradesh and continue from there.
Reliance Power Limited (R-Power), formerly Reliance Energy Generation Limited (REGL) is a part of the Reliance Anil Dhirubhai Ambani Group. It was established to develop, construct, operate and maintain power projects in the Indian and international markets. Reliance Infrastructure, an Indian private sector power utility company and the Reliance ADA Group promote Reliance Power. The present CEO of Reliance Power is K. Raja Gopal since 2 May 2018.
National Highway 44 is a major north–south National Highway in India and is the longest in the country.
Expressways are the highest class of roads in India. In July 2023, the total length of expressways in India was 5,579 km (3,467 mi), with 8,366 km (5,198 mi) under construction. These are controlled-access highways where entrance and exits are controlled by the use of cloverleaf or trumpet or grade separated interchanges that are incorporated into the design of the expressway and designed for maximum speed of 120 km/h, whereas National highways are flyover access or tolled, where entrance and exit is through the side of the flyover, at each intersection of highway with road, flyovers are provided to bypass the city/town/village traffic and these highways are designed for speed of 100 km/h. Some roads are not access-controlled expressways but are still named expressways, such as the Biju Expressway, these are actually state highways that are not declared by the central government as an Expressway, hence not an Expressway or National Highway.
The Mumbai Trans Harbour Link, officially named as Atal Bihari Vajpayee Sewri–Nhava Sheva Atal Setu and colloquially known as Atal Setu, is a 21.8 km (13.5 mi) 6-lane elevated highway bridge, which connects Mumbai with Navi Mumbai, its satellite city. It is the longest sea bridge in India, and the world's 12th longest sea bridge. The bridge begins in Sewri, South Mumbai, crosses Thane Creek north of Elephanta Island, and terminates at Chirle near Nhava Sheva in Uran taluka, Navi Mumbai. The road is linked to the Mumbai–Pune Expressway in the east and to the Coastal Road in the west. The 6-lane highway is 27 meters in width, in addition to two emergency exit lanes, two edge strips, parallel crash barriers and noise barriers on both sides. The project costs a total of ₹17,843 crore (US$2.2 billion). The bridge has a capacity to handle 70,000 vehicles per day. Construction on the bridge began in April 2018, and was inaugurated by Prime Minister Narendra Modi on 12 January 2024.
GMR Group is an Indian multinational conglomerate headquartered in New Delhi. The group was founded in 1978 by Grandhi Mallikarjuna Rao and comprises several companies including GMR Infrastructure, GMR Energy, GMR Airports, GMR Enterprises. Employing the public-private partnership model, the Group has implemented several infrastructure projects in India. The Group also has a global presence with infrastructure operating assets and projects in several countries including Philippines and Greece.
Delhi Faridabad Skyway is a 4.4 km long, 6-lane wide elevated highway that connects Delhi with Faridabad, a prominent city in National Capital Region. It was inaugurated on 29 November 2010. The project was undertaken by concessionaire "Badarpur Faridabad Tollway Limited", a subsidiary of Hindustan Construction Company Limited. The highway begins at Badarpur, Delhi near DDA Flats Badarpur and ends at Sector 37, Faridabad, Haryananear Sarai Metro station.
IRB Infrastructure Developers Limited, is an Indian highway construction company headed by Mr. Virendra Dattatraya Mhaiskar. It was incorporated in 1998, with its headquarters in Mumbai, Maharashtra, India. It is part of the IRB Group and was ranked 200th in the Fortune India 500 list in 2020. IRB Infrastructure, which executed the country's first build-operate-transfer (BOT) road project, is one of the largest operators of such ventures. Currently it has about 3,404 lane Km operational and about 2,330 lane Km under development. Among its notable projects are the Mumbai-Pune Expressway and the Ahmedabad-Vadodara Expressway. In 2012, IRB acquired Tamil Nadu based BOT road builder MVR Infrastructure and Tollways for ₹130 crore. The company got the contract of Ganga Expressway, the longest under-construction expressway in Uttar Pradesh.
Lalit Jalan is the Advisor & former Chief Executive Officer of Reliance Infrastructure, part of the Reliance Anil Dhirubhai Ambani Group (ADAG), one of India's largest corporate houses. He is the Chairman of BSES Rajdhani Power Limited and BSES Yamuna Power Limited and serves as Director in several companies including Reliance Defence Ltd, which is associated with the Rafale deal between India and France.
NH 248-BB, commonly known as Dwarka Expressway is a 27.6 km (17.1 mi) long, under construction, 8-lane (elevated) and 8-lane, total 16-lane elevated grade separated expressway connecting Dwarka in Delhi to Kherki Daula Toll Plaza, Gurgaon in Haryana. The expressway takes off from km 20 milestone of NH 48 at Shiv Murti in Mahipalpur in Delhi and terminate at km 40 of NH 48 near Kherki Daula Toll Plaza in Gurgaon in Haryana. The Dwarka Expressway has been planned as an alternate road link between Delhi and Gurgaon, and is expected to ease the traffic situation on the Delhi-Gurgaon Expressway.
GVK Industries Limited is an Indian conglomerate headquartered in Hyderabad with interests in several sectors including energy, airports, hospitality, transportation, real estate, pharmaceuticals and technology. After acquiring Australian coal mines in Queensland for US$1.26 billion, GVK forecasts an investment of US$10 billion in mine, rail and port project. Its flagship company GVK Power & Infrastructure Limited is listed on both Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) as NSE: GVKPIL.
Line 2 (Yellow Line) of the Mumbai Metro is a rapid transit metro line in the city of Mumbai, Maharashtra, India. The line connects Dahisar in the northwest with Mandale in Mankhurd via Andheri, BKC and Chembur in the east. Phase One of Line 2A was partially opened on 2 April 2022 from Dahisar East to Dahanukarwadi.
Dahanu Thermal Power Station (DTPS) is a coal based thermal power plant located at coastal Dahanu town in Palghar district in the Indian state of Maharashtra It was constructed by BSES Limited. The power plant operated by Adani Electricity is located on Mumbai-Ahmedabad rail line and is 120 km away from Mumbai and 20 km away from Mumbai-Ahmedabad-Delhi National Highway 8 (India).
The Bharatmala Pariyojna is an ongoing project that will interconnect 550 District Headquarters through a minimum 4-lane highway by raising the number of corridors to 50 and move 80% freight traffic to National Highways by interconnecting 24 logistics parks, 66 inter-corridors (IC) of total 8,000 km (5,000 mi), 116 feeder routes (FR) of total 7,500 km (4,700 mi) and 7 north east Multi-Modal waterway ports. The project also includes development of tunnels, bridges, elevated corridors, flyovers, overpass, interchanges, bypasses, ring roads etc. to provide shortest, jam free & optimized connectivity to multiple places, it is a centrally-sponsored and funded Road and Highways project of the Government of India. This ambitious umbrella programme will subsume all existing Highway Projects including the flagship National Highways Development Project (NHDP), launched by the Atal Bihari Vajpayee government in 1998. Bharatmala is mainly focused on connecting remote areas and satellite cities of megacities such as Bengaluru, Pune, Hyderabad etc. The total investment for 83,677 km (51,994 mi) committed new highways is estimated at ₹10.63 lakh crore (US$130 billion), making it the single largest outlay for a government road construction scheme. The project will build highways from Maharashtra, Gujarat, Rajasthan, Punjab, Haryana and then cover the entire string of Himalayan territories - Jammu and Kashmir, Himachal Pradesh, Uttarakhand - and then portions of borders of Uttar Pradesh and Bihar alongside Terai, and move to West Bengal, Sikkim, Assam, Arunachal Pradesh, and right up to the Indo-Myanmar border in Manipur and Mizoram. Special emphasis will be given on providing connectivity to far-flung border and rural areas including the tribal and backward areas.
The Delhi–Mumbai Expressway is a 1,350 km long, 8-lane wide under-construction access-controlled expressway connecting India's national capital New Delhi to its financial capital Mumbai. The foundation stone for the project was laid by union minister Nitin Gadkari in the presence of Sushma Swaraj and Arun Jaitley on 8 March 2019 and is inaugurated by PM Modi. The total project value including the land acquisition cost is around ₹1,00,000 crores .
The Versova–Bandra Sea Link (VBSL), officially Swatantrya Veer Savarkar Sea Link, is an under-construction bridge in Mumbai, Maharashtra, India as a part of Coastal Road Phase-2. The 17.17-kilometre (10.67 mi) bridge will connect Versova, a neighbourhood in the suburb of Andheri to the Bandra–Worli Sea Link in Bandra, as part of the Coastal Road. The 8-lane sea link is expected to reduce congestion on the Western Express Highway and the Western Line of the Mumbai Suburban Railway.
The Trans-Haryana Expressway or the Ambala–Narnaul Expressway (NH-152D) is a 227-km long, 6-lane wide greenfield access-controlled expressway, connecting the cities of Ambala and Narnaul in the state of Haryana. The expressway connects Gangheri village in Kurukshetra district with Surana village on Narnaul Bypass (NH-148B) in Mahendragarh district. It passes via Kaul, Pundri, Assandh, Dhatrath, Kalanaur, Charkhi Dadri and Kanina. It will reduce the distance from Chandigarh to Delhi, Narnaul, and Jaipur, thus decongesting NH-44 and NH-48.
The DND–Faridabad–KMP Expressway, formally known as NH-148NA is a 59 km long, 6-lane wide access-controlled expressway in Delhi NCR, India. It connects the junction of DND Flyway and Ring Road at Maharani Bagh in Delhi with KMP Expressway at Khalilpur, Nuh district in Haryana. The NH-148NA is a spur (branch) of Delhi–Mumbai Expressway project. This expressway will have an additional 31 km long spur from Sector-65, Faridabad bypass to Jewar Airport.
Dilip Buildcon Limited (DBL) is an Indian construction and infrastructure development company based in Bhopal. It was founded by Dilip Suryavanshi in 1987 and was incorporated in the Ministry of Corporate Affairs on 12 June 2006. The company is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) since August 2016.
{{cite news}}
: CS1 maint: numeric names: authors list (link)