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Reliance Infra shines as its SPV commissions fifth 400 kV Double Circuit Transmission Line in Maharashtra

18 Nov 2013 Evaluate

Reliance Infra is currently trading at Rs. 421.60, up by 8.85 points or 2.14% from its previous closing of Rs. 412.75 on the BSE.

The scrip opened at Rs. 417.35 and has touched a high and low of Rs. 423.80 and Rs. 417.35 respectively. So far 1, 18,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 572.35 on 10-Jan-2013 and a 52 week low of Rs. 308.00 on 02-Aug-2013.

Last one week high and low of the scrip stood at Rs. 452.65 and Rs. 402.90 respectively. The current market cap of the company is Rs. 11,087 crore.

The promoters holding in the company stood at 48.53% while Institutions and Non-Institutions held 36.53% and 13.72% respectively.

Reliance Infrastructure (Rlnfra), part of the Reliance Group, through its subsidiary Reliance Power Transmission (RPTL) has commissioned its fifth 400 kV Double Circuit Transmission Line in Maharashtra.The 311 kms Pune-Parli line is part of the Western Region System Strengthening Scheme (WRSSS) II project and will connect key industrial centres of Maharashtra like Pune, Aurangabad and Beed.

The 1500 Kms long WRSS project to be executed at a cost of about Rs 1,700 crore was awarded to Reliance Infrastructure through tariff based International competitive bidding process. The project has been executed under Build, Own and Operate pattern.

Rlnfra has already commissioned four transmission lines of the project in Maharashtra i.e., LILO of Solapur - Karad; LILO of Lonikand - Kalwa, Parali - Solapur and Solapur - Kolhapur and two in Gujarat i.e., Limdi -- Vadavi and Vadavi - Kansari.

All the transmission lines have been commissioned in record time and well before schedule. With this, Rlnfra has commissioned five out of the six transmission lines to be built in Maharashtra. The sixth and the last line in the project in Maharashtra, between Pune and Aurangabad are expected to be commissioned soon.

Rlnfra, at present, is executing five transmission projects across the country with total outlay of over Rs 6,600 crore.

Reliance Infra Share Price

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