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Reliance Infrastructure planning to reduce debt further

01 Oct 2019 Evaluate

Reliance Infrastructure (RInfra) is planning to reduce leverage even further as it focuses to be an asset-and capital-light entity. Besides, the company will focus on the domestic market and take up more complex infrastructure and transportation projects.

RInfra 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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