20-485: 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. It is part of the Reliance Group . The company is headed by its chairman, Anil Ambani , and chief executive officer, Punit Narendra Garg (since 6 April 2019). The corporate headquarters
40-524: A 35 km coastal road between Nariman Point and Kandivali . Reliance protested against this project as it claimed it would incur losses. Subsequently, the Government of Maharashtra appointed a committee to look into the matter. 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. Afterwards, it
60-468: A facility for recycling aero parts at Sant Gadge Baba Yavatmal Airport. Sant Gadge Baba Yavatmal Airport has one asphalt runway, oriented 08/26, 1400 metres long, and 45 metres wide, an apron measuring 80 by 60 metres and a small terminal building. To accelerate the industrial development in district, the airport was constructed. Apart from this, Sant Gadge Baba Yavatmal Airport was also developed as an alternative to park international aircraft in lieu of
80-556: Is an Indian conglomerate , headquartered in Mumbai , India. The company, which was formed after Dhirubhai Ambani 's business was divided up, is headed by his younger son Anil Ambani . Reliance Group has five listed companies, Reliance Power , Reliance Infrastructure , Reliance Home Finance, and Reliance Health . The group provides financial services, construction, entertainment, power, health care, manufacturing, defence, aviation, and transportation services. Reliance Commercial Corporation
100-677: Is in Navi Mumbai . 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, Reliance Infrastructure has 56 subsidiaries, 8 associate companies, and 2 joint-ventures. The EPC Business division of
120-455: The Nagpur unit in the coming years. In March 2022, Anil Ambani stepped down from the boards of Reliance Infrastructure and Reliance Power. In August 2024, SEBI banned Anil Ambani from the securities market for five years on charges of diversion of funds. Yavatmal Airport Sant Gadge Baba Yavatmal Airport is a public airport located 9 kilometres east of the city of Yavatmal , in
140-621: The Vidarbha region of Maharashtra , India . Sant Gadge Baba Yavatmal Airport was constructed in 1998 by the Maharashtra Industrial Development Corporation . The airport was largely underused, being used only for government-operated aircraft. With the aim to facilitate increase in air traffic, which in turn, would help boost trade in the region, the Maharashtra State Industries Ministry began
160-594: The Bombay Suburban Electric Supply (BSES) in 2002. BSES was originally founded in October 1929. In April 2008, Reliance Energy Limited changed its name to Reliance Infrastructure Limited. 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). In 2011, it
180-560: The Government of Maharashtra was looking at cancelling the agreements and taking back control of the airports due to slow progress. 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. Reliance Infrastructure is
200-512: The company in 2018 has bagged various orders, including ₹7,000 crore Versova–Bandra Sea Link project, ₹3,647 crore Uppur Thermal Power Project , ₹1,881 crore National Highway projects from NHAI in Bihar & Jharkhand, ₹1,585 crore Mumbai Metro Line-4 project, ₹1,081 crore Kudankulam Nuclear Power Plant project and others. The predecessor company, Reliance Energy Limited, came into existence when it took over an 83-year-old government undertaking,
220-525: The employees stock option scheme (ESOPs), which will provide a grant of up to 26 million equity shares of value of over Rs 850 crore. 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
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#1733084560994240-505: The group launched construction of a defense production unit in Mihan-SEZ region. The unit will be part of a joint venture between Reliance Group, led by Anil Ambani, and its JV partner French major Dassault Aviation . The production at Mihan-SEZ will begin with components for the Rafale warplanes and Falcon business jet produced by Dassault. It is expected to fully assemble both the aircraft in
260-582: 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$ 1.4 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
280-404: The process of modernisation of MIDC airports in 2006. It floated tenders inviting private parties to draw out a plan for airport operations. Reliance Airport Developers Ltd offered the highest bid (Rs. 27 crore) for Latur , Nanded , and Yavatmal. Yavatmal's 113.93 hectare airport premises were leased for 95 years to Reliance Airport Developers Ltd on 30 October 2009. Reliance is keen to set up
300-681: The road for a period of thirty years. Three of the projects (all in Tamil Nadu ) are already operational. 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 . The consortium was also to toll the Bandra Worli Sea Link for 40 years. In early 2012, the Municipal Corporation of Greater Mumbai proposed constructing
320-582: The two brothers Mukesh Ambani and Anil Ambani , split Reliance Industries in December 2005. Anil Ambani got the responsibility of Reliance Infocomm , Reliance Energy , and Reliance Capital . Reliance Group entered the power sector through Reliance Power , and the entertainment sector by acquiring Adlabs. In October 2010, Reliance power placed the world's largest order worth $ 8.29 billion to Shanghai Electric Group to supply power equipment based on Supercritical steam generator technology. On 28 October 2017,
340-630: Was announced that the company was planning to buy out licences to build road projects from companies unable to do so. 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 billion or US$ 3.0 billion in 2023). In October 2024, Reliance Infrastructure board has approved raising of $ 350 million (Rs 2,930 crore) through ultra-low cost 10-year maturity unsecured foreign currency convertible bonds (FCCBs). The board also approved
360-945: Was announced that the deal was canceled as the mediation report stated that it was impossible to build. 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 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. Reliance Group Reliance Group
380-406: Was founded by Dhirubhai Ambani in 1966 as a polyester firm. It was renamed to Reliance Industries on 8 May 1973. Reliance later entered into financial services, petroleum refining, and power sector. By 2002, Reliance had grown into a U$ 15 billion conglomerate . After the death of Dhirubhai Ambani on 6 July 2002, Reliance was headed by his two sons. The Reliance ADA Group was formed in 2006 after
400-801: 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 km. 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,
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