MoneyWorks4Me

Reliance Infrastructure incorporates three WOS

12 Feb 2015 Evaluate

Reliance Infrastructure has set up three wholly owned subsidiaries (WOS) in order to pursue growth opportunities in the defence sector. The company has incorporated Reliance Defence Systems, Reliance Defence Technologies and Reliance Defence and Aerospace.

Reliance Infrastructure is the largest power distribution licensee in Mumbai, with 25 years license to distribute electricity in its licensed distribution areas spread over 400 Sq. Kms. in the suburbs and surrounding areas of Mumbai, and supplying power to around 29 lakh consumers.

Peers
Company Name CMP
NTPC 333.30
Tata Power 365.00
Adani Power 209.85
Power Grid Corpn. 269.10
Adani Energy Solut. 1373.75
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