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RInfra’s SPV completes the 136 km Road project in Tamil Nadu

02 Sep 2013 Evaluate

Reliance Infrastructure (RInfra), part of the Reliance Group, has completed a widening of the entire 136 km Salem-Ulundurpet road in Tamil Nadu through its Special Purpose Vehicle (SPV) - SU Toll Road. Built at a cost of Rs 1,061 crore, the SU corridor connects major tourist destinations, industrial zones in Salem district and the Chennai international airport. The popular hill station Yercaud in Tamil Nadu will also be easily accessible through this corridor.

The project has been executed on Build Operate Transfer (BOT) pattern under the aegis of National Highways Authority of India. RInfra has been awarded the contract to operate and maintain the road for a concession period of 25 years.

Rlnfra is the largest power distribution licensee in Mumbai, with 25 years license to distribute electricity in its licensed distribution areas spread over 400 Sq. Kms. in the suburbs and surrounding areas of Mumbai, and supplying power to around 29 lakh consumers.

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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