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RInfra‘s SPV commences ninth road project in Rajasthan

23 Jul 2013 Evaluate

Reliance Infrastructure (RInfra), part of the Reliance Group, through its Special Purpose Vehicle (SPV) - JR Toll Road has commenced ninth road project from Jaipur to Reengus in Rajasthan. The four laning of the 52 km Jaipur Reengus (JR) road has been completed and toll collection has started.

The Rs. 556 crore project has been executed on DBFOT (Design, Build, Operate, Finance and Transfer) pattern under the aegis of National Highways Authority of India. RInfra has been awarded the contract for a concession period of 18 years.

JR road is a section of NH-11 running through two major districts of Rajasthan's - Jaipur and Sikar. The road connects major tourist destinations such as Khatu Shyamji & Salasar Balaji, religious places, industrial zones and Jaipur international airport. The corridor also connects rural villages with urban cities. More than 50 villages including Rajawas, Govindgarh, Dhodser etc. will now be connected with the state capital - Jaipur.

Reliance Infrastructure is the largest infrastructure company developing projects, through various Special Purpose Vehicles; in several high growth areas in Infrastructure sector i.e. Roads, Metro Rail, Airports, etc. The Company is also leading utility company having presence across the value chain of power businesses i.e. Generation, Transmission, Distribution, EPC and Trading.

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