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Reliance Infrastructure to resume work after government clearance for projects

22 May 2013 Evaluate

Reliance Infrastructure is waiting for government clearance for some of its projects worth Rs 20,000 crore, once the company gets the clearances, it will resume the work. Its Mumbai sea link extension project has been held since 2009. The company is yet to start work on two private transmission projects. The company is also developing projects in infrastructure sector like roads, highways, metro rails, airports and speciality real estate.

Earlier, it had been reported that in order to cap the potential losses, Reliance Infrastructure is in the process of drawing out of mega projects worth 20,000 crore on account of undue delays by Government agencies in fulfilling commitments relating to these projects.

 

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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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