Reliance Infrastructure - Ever seeking to expand spectrum.Byline: Infrastructure Today
You get the feeling that Reliance Infrastructure (R Infra) always has something up its sleeve. As Indias largest private sector enterprise in power utility, R Infras biggest claim to fame in that sectorsoon to be overshadowed by its Mumbai Metro project, surelyhas been distribution in the nations two largest cities. Although Tata was the first generation company in the country, as Mumbai grew, BSES BSES British Schools' Exploring Society
BSES Bombay Suburban Electric Supply
BSES Bureau of Street and Environmental Services (San Francisco, CA)
BSES Biology Self-Efficacy Scale and Reliance came in, and Reliance acquired management control in BSES. The reason for R Infra to be proud of this distributiondespite the fact that it is easier to manage distribution losses in cities than in non-urban areasis that in the areas of Mumbai with Reliance-distributed power, the loss is only about 10-11 per cent, as opposed to more than 30 per cent on average in Maharashtras 69 cities (and, of course, higher across India). The much more recent Delhi experience has been working even better for R Infra, with distribution losses already dramatically down.
Whether the Mumbai model of open access and competition (with Tata Power) will score over Delhis consortium model over time would be an interesting phenomenon to watch. As Maharashtra Electricity Regulatory Commissions (MERC) Chairman VP Raja says, Any kind of competition is good, because it provides the consumer a choice. R Infra distributes more than 28 billion units of electricity across 124,300 sq. km. The companys generation in its plants is 941 MW of electricity, reportedly at a high capacity, from the company-owned power stations located in Maharashtra, Andhra Pradesh, Kerala, Karnataka and Goa. In the power sector, the company is involved in generation, transmission, distribution and trading of electricity and constructing power plants as EPC (1) (Entertainment PC) See HTPC.
(2) (Electronic Product Code) A standard code for RFID tags administered by EPCglobal Inc. (www.epcglobalinc.org). partners.
In the infrastructure space, the company is focused on roads, urban infrastructure including MRTS MRTS Mass Rapid Transit System
MRTS Marginal Rate of Technical Substitution
MRTS Medieval & Renaissance Texts & Studies
MRTS Multi-Purpose Reconfigurable Training System
MRTS Mission Readiness Test Section
MRTS Message Routing and Translation System , Sealink and Airports, Specialty Real Estate which includes business districts, trade towers, convention centre and SEZs. With an obviously deep interest in a relatively unexplored area, R Infra spun off Reliance Power Transmission (RPTL RPTL Responsible Party Transfer Law ) as an associate company with the aim to spotlight their transmission business. The company says apart from establishing transmission links for the companys own capacity addition programme, it will also commercially vie for the network expansion programme envisaged in the National Plan. RPTL has been selected through competitive bidding as the joint venture partner for setting up over 300 km of transmission lines in Himachal Pradesh.
The company is amongst the largest developers of road and highway projects under the build, own, transfer (BOT) scheme.
Click on R Infras website, and its Core Infrastructure page will, somewhat symbolically, display that it is Under Construction, as its projects are. Even the EPC page is fairly skimpy, listing only its power projects. What neither of those pages mention is how aggressive the company has been in pushing its EPC efficiencies in roads and, of course, most famously, Mumbai Metro. As a part of the Anil Dhirubhai Ambani Group Anil Dhirubhai Ambani Group is the group of companies headed by Anil Ambani. They companies under the group are Reliance Energy, Reliance Capital, Reliance Communications, Reliance Health and Reliance Entertainment. that has a market capitalisation of $35.1 billion, net worth of $13.6 billion and an operating cash flow Operating cash flow
Earnings before depreciation minus taxes. Measures the cash generated from operations, not counting capital spending or working capital requirements. of $2.8 billion, R infra has taken advantage of the sheer muscle of the group. Having signed (as a part of a consortium that includes Canadas SNC Lavalin) the $2.2 billion Phase II contract late in January with the state government, the company says it is confident of achieving the financial closure as early as October 2010. Meanwhile, R Infra driven Phase I may be commissioned 15 months ahead of schedule.
With new interest in roads and even newer interest in airports (R Infra has opted for five out of the six smaller-city (some are mere towns) airports that Maharashtra Airports Development Company (MADC MADC Master Agility Dog of Canada (Canadian Agility Title)
MADC Minot Area Development Corporation
MADC Minnesota Association of Deaf Citizens, Inc. ) wants to develop. While the financial viability of these airports is under much speculation in the industry, perhaps R Infra will show the way.
Ongoing and Planned R-Infra ProjectsvbCrLF The largest Indian infrastructure and utility company in the countryvbCrLF 17 projects are under development with project outlay of Rs 35,500 crorevbCrLF 14 projects in infrastructure sector totalling over Rs 31,200 crorevbCrLF 9 Roads totalling Rs 7,300 crorevbCrLF 3 Metro Rails totalling Rs 16,200 crorevbCrLF 2 Real Estate totalling Rs 8,000 crorevbCrLF 3 projects in power transmission totalling Rs 4,300 crore n. 1. Ten millions; as, a crore of rupees (which is nearly $5,000,000) s>.
Noun 1. crore - the number that is represented as a one followed by 7 zeros; ten million , excluding yearly investment in distribution businessvbCrLF Preferred bidder in a project worth over Rs 5,100 crore (the Western Freeway Sea Link in Mumbai)
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