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Reliance Infrastructure files application before MERC

09 Jan 2018 Evaluate

Reliance Infrastructure has moved application before Maharashtra Electricity Regulatory Commission (MERC) for its approval to assign Transmission and Distribution Licenses and transfer the integrated Mumbai Power Business in favour of its wholly owned subsidiary (WOS) - Reliance Electric Generation and Supply, to be acquired by Adani Transmission.

Reliance Infrastructure is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as Power, Roads and Metro Rail in the Infrastructure space and the Defence sector.

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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