Reliance Infrastructure (R-Infra) has achieved financial closure of the Western Region System Strengthening (WRSS-II) power transmission project and a consortium of banks led by State Bank of
This is the first independent private power transmission utility in the country achieving financial closure within less than three months of implementing the power transmission agreement (PTA). The WRSS-II is to upgrade the power transmission network to flow upto 4000 mw of power from power surplus Eastern and North - Eastern regions to Western region and facilitate overcoming the grim power situation in Western India. R-Infra had won two projects - B and C, through international competitive bidding, by offering at a levelised tariff rate of Rs 170 crore per year for a period of 22 years from the commercial operation date of the projects.
Reliance Power Transmission Limited (RPTL), a wholly-owned subsidiary of RInfra, will set up nine 400 KV double circuit transmission lines covering 1,035 Km in Maharashtra and 483 Km in
RPower should complete and commission the projects by December 31, 2010 but is now awaiting clearance from the Ministry of Power as per Section 164, which is required to start work by a licensee in transmission. RPTL has also qualified for bidding in three projects worth over Rs5500 crore, which include the North Paranpur Transmission System and Talchar-II of Rural Electrification Corporation (REC) and Northern Inter-regional Connection Grid of the Power Finance Corporation (PFC).
crackcrack| Company Name | CMP |
|---|---|
| NTPC | 380.30 |
| Tata Power | 399.50 |
| Adani Power | 175.70 |
| Power Grid Corp | 302.60 |
| Torrent Power | 1467.50 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: