Tag Archives: Reliance Infrastructure Ltd

R-Infra Creditors ink agreement to implement resolution plan in 6 months

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Bourses, Anil Dhirubhai Ambani Group’s (ADAG) Infra arm Reliance Infrastructure Ltd said of 16 lenders to the company having inked inter-creditor agreement, for the resolution of the company’s debt, vide which the resolution plan of the company shall be implemented in

ADAG led R-Infra to close 100% stake sale deal of Delhi-Agra Toll by Aug 2019

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Bourses on Thursday, Anil Dhirubhai Ambani led Indian Infra major Reliance Infra said of closing the 100% stake sale deal of Delhi-Agra toll by August 2019, of which the enterprise value is pegged at 36 billion (~3,600 crore) rupees. The press

Reliance Infra’s Credit Profile improves, CRISIL withdraws ‘D’ ratings for 710 cr NCDs

MUMBAI | RAJKOT – Anil Dhirubhai Ambani Group led Reliance Infrastructure Ltd’s credit profile is reported to have improving, as the rating agency CRISIL has withdrawn ‘D’ ratings assigned to the company’s 7.1 billion rupee Non-Convertible Debentures, the company press release submitted to the exchanges in India said. Crisil has withdrawn its ‘D’ ratings for

Regulators nod 188-billion-rupee ADANI | AMBANI deal for Mumbai Asset, deal to close in July 2018

MUMBAI | AHMEDABAD | RAJKOT –  Maharashtra Electricity Regulatory Commission (MERC) has given its approval to the proposed 100% stake sale of Anil Dhirubhai Ambani Group (ADAG) owned Reliance Infrastructure Ltd.’s integrated Mumbai power business to Adani Transmission Ltd. Following the commission’s nod, the transaction is expected to be closed in July 2018, Reliance Power

Maha Power Regulator concluded hearing on R-Infra’s Mumbai Power Asset sale matter

MUMBAI | RAJKOT – Maharashtra Electricity Regulatory Commission (MERC) today concluded its hearing into the proposed 100% stake sale of Reliance Infrastructure Ltd’s integrated Mumbai power business to Adani Transmission Ltd MERC has reserved its order which is expected to be delivered in the next few weeks, R-Infra said today, in the press release filed

Mumbai’s 70 billion rupee Versova-Bandra Sea Link project goes to ADAG Reliance Infra-Astaldi (Italy) JV

MUMBAI | RAJKOT – (Anil Dhirubhai Ambani Group led) Reliance Infrastructure Limited and Astaldi S.p.A (Italy) in joint venture have bagged the 70-billion-rupee engineering, procurement and construction (EPC) contract for the prestigious Versova-Bandra Sea Link Project in Mumbai, the company filing to the exchanges in India, said. The letter of award (LoA) for the project

Anil Ambani led Rel Infra bags 36.75 bn rupees EPC order for Thermal plant in Rajasthan

MUMBAI | AHMEDABAD | RAJKOT – Anil Dhirubhai Ambani led Reliance Infrastructure Ltd bagged 36.75 billion (3,675-crore) rupees order from NLC India Limited (formerly known as Neyveli Lignite Corporation Limited) for setting up two Lignite based Circulating Fluidized Bed Combustion (CFBC) technology thermal plants of 250 megawatt (MW) each at Barsingsar and Bithnok of Bikaner