Reliance Infrastructure Ltd:
Reliance Infrastructure Limited is an infrastructure company that's mainly engaged in the generation, transmission, and distribution of electrical power to residential, commercial, industrial, and other customers in India. RELINFRA is one of the most extensive infrastructure companies, developing projects through several Special Purpose Vehicles (SPVs) in various high growth sectors such as Power, Roads and Metro Rail in the Defence sector and the Infrastructure space. Its core business is mainly categorised as three segments:
Power - Generation, Transmission, Distribution and Power Trading,
Engineering, Procurement and Construction (EPC) and Contracts,
Infrastructure.
About Company Information:
Reliance Infrastructure Limited (RELINFRA) was incorporated in the year 1929. At that time the company's name was Bombay Suburban Electric Supply Ltd (BSES) and then, later on, changed it to BSES Ltd. The firm achieved steep growth during the year 1995-96 after completing the 2x250MW Generation project at Dahanu.
Reliance Salgaocar Power Company Ltd (RSPCL) became wholly owned subsidiary companies during 2003. On the same year, In April 2003, BSES Andhra Power Ltd (BAPL) and RSPCL, were merged with the company effective from April 1, 2003. To enhance overall shareholder value, the company decided to exit from non-core activities that were engaged by the company during 2003- 2004.
Upon the scheme of arrangement between REVL and Reliance Industries Ltd becoming effective, Reliance Energy Ventures Limited (REVL) merged and became a part of the Reliance Anil Dhirubhai Ambani Group during the year 2006 - 2007. Following a scheme of amalgamation, On July 17, 2006, REVL merged with the company. During the year 2007-08, the firm entered into several contracts in the fields of energy and infrastructure business.
On the conference held on 14 February 2011, the Board of Directors of Reliance Infrastructure assigned a buy-back of its equity shares for an aggregate value of up to Rs 1000 crore (US$ 222 million) at a rate not exceeding Rs 725 per equity share. On 17 March 2011, Samalkot RInfra declared securing EPC contract of 2400 MW Gas based Combined Cycle Power Project (CCPP).
On 17 January 2012, RELINFRA notified the stock exchanges that the organisation has offered232.75 crore and Rs 267.05 crore to the size of its shareholding in its two joint venture firms in BSES Yamuna Power Ltd and New Delhi, viz, BSES Rajdhani Power Ltd respectively on 16 January 2012 , as advance against share application money pending allotment of equity shares.
The Dassault Reliance Aerospace Limited, a manufacturing facility was started in Mihan, Nagpur in Maharashtra on October 27, 2017. Under a Joint Venture company, DRAL ( which is 51% Reliance Aerostructure and 49% Dassault Aviation) the facility will produce several components of the offset obligation connected to the acquisition of 36 Rafale Fighters from France, endorsed between the two Governments in September 2016.
Reliance Infrastructure Limited successfully completed its 100% sale of their shareholding of Integrated Mumbai Power Distribution Business to Adani Transmission Ltd on 29 August 2018. The agreement was first announced in December 2017. The total purchase value is Rs. 18,800 crore. Reliance Infrastructure has reduced mortgage liabilities by Rs. 13,800 crores from the deal proceeds. Regulatory Assets under Endorsement of Rs. 5,000 crore will flow solely to Reliance Infrastructure making the Organization debt-free in 2019.
Reliance Infrastructure Ltd, Listings:
The Reliance Infrastructure Ltd, Equity Shares/stocks are listed on the National Stock Exchange of India Limited (the "NSE") and BSE Limited (the "BSE", together with the NSE, the "Stock Exchanges").
The Key Dates to be noted for RELINFRA is:
March - The Year Ending Month
September - The AGM Date (Month)
September - Book Closure Date (Month)
Reliance Infrastructure Ltd Indices:
As of June 2019 - Reliance Infrastructure Ltd, Management Team:
Anil C Shah - Co. Secretary & Compl. Officer
Anil Dhirubhai Ambani - Chairman
B C Patnaik - Non-Executive Director
Lalit Jalan - Chief Executive Officer
Manjari Kacker - Independent Director
Punit Garg - Executive Director & CEO
Sridhar Narasimhan - Chief Financial Officer
How Reliance Infrastructure Ltd, is categorised as Power Sector, and Generation/Distribution Industry :
Power is one of the most crucial elements of infrastructure. The Power sector is vital for the economic growth and welfare of nations. Globally, India’s power sector is one of the most diversified ones. The existence and development of adequate infrastructure are one of the main reason for the sustained growth of the Indian economy.
The sources of power generation spectrum range from conventional sources such as natural gas, oil, coal, lignite, hydro and nuclear power to non-conventional sources such as solar, wind, domestic and agricultural waste. The demand for electricity(Power) in the country has increased rapidly, and it is expected to rise notably in the years to come. To meet the increasing demand, colossal addition to the installed power generating capacity is needed.
Reliance Infrastructure Ltd comes under the Power sector and its categorised as Generation/ Distribution Industry. The Indian power sector, especially the Generation/ Distribution industry, is experiencing a notable change that has redefined the industry outlook. Continued economic growth continues to drive electricity demand in India. The Government of India’s focus on achieving ‘Power for all’ goal has stimulated capacity addition in the country. At the same time, competitive energy is increasing at both the supply sides (fuel, logistics, finances, and manpower) and the market.
Reliance Infrastructure Ltd, Competitors and Sector Peers:
Adani Green Energy Ltd. - ADAGRE
Adani Power Ltd. - ADAPOW
BF Utilities Ltd. - BFUTIL
Energy Development Company Ltd. - ENEDEV
Ergon Power Corporation Ltd. - NAGINS
Gita Renewable Energy Ltd. - GITREN
Gujarat Industries Power Company Ltd. - GUJARI
GVK Power & Infrastructure Ltd. - GVKPOW
Ind Renewable Energy Ltd. - VAKPOW
India Power Corporation Ltd. - DISPOW
Indowind Energy Ltd. - INDENE
Jaiprakash Power Ventures Ltd. - JAIHYD
Karma Energy Ltd. - KARMEN
KKV Agro Powers Ltd. - KKVAGR
KPI Global Infrastructure Ltd.
KSK Energy Ventures Ltd. - KSKENE
Nava Bharat Ventures Ltd. - NAVBHV
Orient Green Power Company Ltd. - ORIGRE
RattanIndia Power Ltd. - SOPPOW
Ravindra Energy Ltd. - RAVITR
Reliance Power Ltd. - RELPOW
Sun Source (India) Ltd. - SUNSOU
Suryachakra Power Corporation Ltd. - SURYPO
Tata Power Company Ltd. - TATAPO
Torrent Power Ltd. - TORPOL
Veer Energy & Infrastructure Ltd. - VEEENE
Welcon International Ltd. - SINENE
Reliance Infrastructure Ltd, Contact Information:
Dhirubhai Ambani Knowledge City
rinfra.investor@relianceada.com
