Reliance Infra sells Rs 176 crore stake in Dassault JV to French partner

09 Sep 2025 CW Team

Mumbai, 5 September 2025: Reliance Infrastructure Ltd announced that its subsidiary Reliance Aerostructure Ltd (RAL) will transfer 2 per cent equity in Dassault Reliance Aerospace Ltd (DRAL) to French defence major Dassault Aviation for Rs 175.96 crore. The agreement was signed on 5 September and is expected to be completed by 1 November 2025.

Following the transaction, Dassault Aviation’s stake in DRAL will rise to 51 per cent, giving it majority control, while Reliance Aerostructure will hold 49 per cent. This change will result in DRAL, which manufactures airframes and subsystems for Rafale and Falcon aircraft, ceasing to be a subsidiary and becoming an associate company of Reliance Infra.

In FY25, DRAL recorded a turnover of Rs 69.93 crore, contributing 0.23 per cent to Reliance Infra’s consolidated revenues, with a net worth of Rs 47.13 crore. Shares of Reliance Infrastructure closed over 2.5 per cent lower at Rs 280 on the NSE following the announcement.

Separately, the company clarified that Bank of Baroda’s classification of Reliance Communications Ltd (RCom) and its promoter Anil D Ambani’s loan accounts as “fraud” has no bearing on Reliance Infra’s business or financials, as both are independent entities.

Infrastructure Transport

01 Sep 2025

Indian Railways Marks New Milestone with 4.5 km Long ‘Rudrastra’ Trial

Indian Railways has successfully conducted the trial run of Asia’s longest freight train, named ‘Rudrastra’, achieving a new milestone in cargo transportation, as per news reports. The 4.5 km-long train began its trial from Ganjkhwaja railway station in Chandauli, Uttar Pradesh, and travelled to Garhwa in Jharkhand. Covering a distance of 209 km in 5 hours and 10 minutes, it maintained an average speed of 40.5 km per hour. The train was formed by combining three long-haul racks, with ..

UltraTech Launches India’s First On-Site Hybrid RTC Renewable Energy Project

UltraTech Cement has operationalised a 7.5 MW round-the-clock (RTC) hybrid renewable energy project at its Sewagram Cement Works in Gujarat. The first-of-its-kind solution combines bifacial solar modules with trackers, wind energy and battery storage, co-located on-site, to ensure uninterrupted power for cement manufacturing without grid reliance. The project was executed in collaboration with clean energy solutions provider Gentari. Installed as a behind-the-meter system, it is the country..

Patna Metro Trials Successful, Red Line Priority Corridor to Launch This Month

Patna is set to roll out its first metro rail service later this month, with successful trial runs conducted on the Red Line priority corridor, the Patna Metro Rail Corporation announced.On 7 September, a metro train completed a test run between the Patna depot and Bhootnath station. Officials said the trials involved rigorous checks of rolling stock fitness, overhead electrification (OHE), and track alignment and stability to ensure operational safety and performance.The corridor from the New Pataliputra Bus Terminal to Bhoothnath has been designated as the priority stretch and will be the fi..