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1.Mumbai's Coastal Road project revs up

BMC Commissioner Ajoy Mehta orders geological investigation for the project

2.RInfra bags Rs 36.4 billion contract for thermal power plant in Tamil Nadu

Reliance Infrastructure (RInfra) has recently won a Rs 36.4 billion contract from Tamil Nadu Generation and Distribution Corporation (TANGEDCO) for work related to the Uppur Thermal Power Project.

3.Seven companies bag contracts for Mumbai metro

As reported, seven of the 10 infrastructure developers who made bids for Mumbai’s Metro Line 2B and Metro Line 4 have been awarded contracts. Metro Line 2B is 23.6 km long with 22 stations and stretches from DN Nagar to Mandala, Metro Line 4 is 32.3 km long with 32 stations connecting Wadala and Kasarvadavali.

4.Reliance bags Uppur thermal power project on EPC

Reliance Infrastructure (RIL) has recently been awarded a Rs 3,647-crore engineering, procurement and construction (EPC) contract by the Tamil Nadu Generation and Distribution Corporation (TANGEDCO), which is establishing a multi-crore supercritical thermal power plant at Uppur.

5.33 companies bid for construction of Maharashtra Samruddhi Mahamarg

Maharashtra State Road Development Corporation (MSRDC) has received pre-qualification applications from 33 companies for constructing the proposed Nagpur Mumbai Super Communication Expressway (NMSCE). Of these 33 companies, 17 are sole applicants while rest are JVs. The applications were invited by MSRDC in January 2017.

6.Reliance Infrastructure wins Rs 2,950-crore arbitral award in dispute with DMRC

Reliance Infrastructure’s subsidiary Delhi Metro Express has won a Rs 2,950-crore arbitral award against the Delhi Metro Rail Corporation (DMRC), which is expected to help the company pare debt.

7.Infra companies provided with Rs 4,500 crore irregular tax benefits

As reported, Government auditor Comptroller and Auditor General (CAG) has revealed that the Income Tax Department has provided irregular tax benefits to infrastructure companies without verification. This has a tax effect of over Rs 4,500 crore.

8.MMOPL expects Metro 1 to be ready by Dec 2013

Mumbai Metro One Private Limited (MMOPL) said it would be able to operationalise the Metro 1 -Andheri-Versova-Ghakopar corridor - in December 2013, as envisaged earlier. Officials of Reliance Infrastructure, which is a joint venture partner of the project, said this at a recent board meeting. MMOPL is a joint venture between Reliance and the

9.India's Most Admired Companies

India's Most Admired Companies for the year 2013, 2012, 2011

10.R-Infra to sell road projects to cut its debt

To cut down its debt burdern of about Rs 21,976 .18 crore, Reliance Infrastructure (R-Infra) is mulling to sell either all or most of its 11 road projects. R-Infra is a part of the Anil Ambani-led Reliance Group. R-Infra has appointed consulting firm EY or Ernst and Young, to oversee the sale.

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