Reliance Infrastructure

Overview

Reliance Infrastructure Limited

former name	Bombay Suburban Electric Supply Limited (1929–1992) BSES Limited (1992–2004) Reliance Energy Limited (2004–2008)
type	Public
traded as	bse: 500390 nse: RELINFRA
industry	Construction Engineering Utilities (energy)
predecessor	Bombay Suburban Electric Supply Limited
founded	October 1, 1929 as Bombay Suburban Electric Supply Limited
hq location	DAKC
hq location city	Navi Mumbai
hq location country	India
key people	Anil Ambani (chairman) Sateesh Seth (Vice-chairman) Punit Narendra Garg (CEO) Pinkesh Rohit Shah (CFO) Paresh Rathod (Company secretary)
products	Electrical power natural gas defence infrastructure transport
services	Electricity generation natural gas exploration production transportation defence
revenue	inr 239990000000‡R1R‡
revenue year	2025
operating income	inr 84830000000‡R1R‡
income year	2025
net income	inr 84900000000‡R1R‡
net income year	2025
assets	inr 658400000000‡R2R‡
assets year	2025
equity	inr 144300000000‡R2R‡
equity year	2025
num employees	5,400+
num employees year	2021
parent	Reliance Group
footnotes	‡R3R‡‡R4R‡

Reliance Infrastructure Limited (R-Infra), formerly Reliance Energy Limited (REL) and Bombay Suburban Electric Supply (BSES), is an Indian private sector enterprise involved in power generation, infrastructure, construction and defence.[5] It is part of the Reliance Group. The company is headed by its chairman, Anil Ambani, and chief executive officer, Punit Narendra Garg (since 6 April 2019). The corporate headquarters is in Navi Mumbai.[6] Reliance Infrastructure's interests are in the fields of power plants, metro rail, airports, bridges, toll roads, and defence. It is a major shareholder in the other group company, Reliance Power.

In Fortune India 500 list of 2019, Reliance Infrastructure was ranked as the 51st largest corporation in India with first rank in 'Infrastructure Development' category. As of, Reliance Infrastructure has 56 subsidiaries, 8 associate companies, and 2 joint-ventures. The EPC Business division of the company in 2018 has bagged various orders, including ₹7,000 crore Versova–Bandra Sea Link project,[7]

Transportation

Airports

Reliance Infrastructure with its subsidiary company, Reliance Airport Developers Limited (RADL) operated five minor brownfield airports in various small towns of Maharashtra, viz. Nanded Airport, Latur Airport, Baramati Airport, Yavatmal Airport, and Osmanabad Airport. In March 2015, the Government of Maharashtra was looking at cancelling the agreements and taking back control of the airports due to slow progress.[18]

In March 2019, the company received a contract from the Airports Authority of India (AAI) worth ₹ 648 crores (USD 92 million) for the construction of Rajkot Greenfield Airport at Hirasar in Rajkot district of Gujarat state.[19]

Metro projects

Line-1 of Phase-1 of Mumbai Metro: One of the three metro lines in this phase was awarded to a consortium led by R-Infra. The other two lines were awarded to other parties. Mumbai Metro One Pvt Ltd, which is a consortium of R-Infra, Veolia Transport, and Mumbai Metropolitan Region Development Authority (MMRDA) secured the contract for the inr 23560000000 Versova-Andheri-Ghatkopar section. Mumbai Metro I is operational.[20] The project will be implemented on a Build-Operate-Transfer basis, where the consortium will collect revenue for 35 years and then hand over the infrastructure to the government.[21]
Line 4 of Phase 2 of Mumbai Metro: The contracts for three "packages" (18 stations) have been awarded to a consortium led by R-Infra, but apparently, the contract does not include the laying of any tracks. The total length of Line-4 is 32.32 km (20.08 mi) with 32 stations, and the line will connect Wadala to Kasarvadavali via Ghatkopar and Mulund. Out of this, the contract for constructing three "packages" (18 stations) has been awarded to the "Reliance-Astaldi Joint Venture." Construction began in June 2018 and is expected to be completed by 2021.
Airport Express (Orange Line): The Airport Express line of Delhi Metro connecting New Delhi railway station to Dwarka Sector-21 metro station, through the

Toll roads

Reliance Infrastructure is the largest concessionaire of the National Highways Authority of India (NHAI), having received as many as eleven contracts to build roads under the NHDP Phase-V. These eleven contracts involve constructing about 1,000 km of highway and expressway projects worth inr 120000000000. All the projects are on Build–Operate–Transfer scheme of funding, where R-Infra is required to raise all its own funds and gets to collect tolls on the road for a period of thirty years. Three of the projects (all in Tamil Nadu) are already operational.[22] The eleven projects are:

DA Toll Road (180 km six-lane between Delhi and Agra on NH-2 in the state of Haryana and Uttar Pradesh)[23]
PS Toll Road (140 km six-lane road connecting Pune and Satara in Maharashtra on NH-4)
HK Toll Road (60 km six-lane connecting Hosur and Krishnagiri in Tamil Nadu on NH-7)

Bridges

Reliance Infrastructure and Hyundai Engineering formed a joint venture to build the Worli-Haji Ali Sea Link, part of the Western Freeway.[25][26] The consortium was also to toll the Bandra Worli Sea Link for 40 years.[27] In early 2012, the Municipal Corporation of Greater Mumbai proposed constructing a 35 km coastal road between Nariman Point and Kandivali.[28]

Reliance protested against this project as it claimed it would incur losses.[29] Subsequently, the Government of Maharashtra appointed a committee to look into the matter.[30]

Defence

Reliance Defence Limited (RDL), established on 28 March 2015 as a subsidiary of Reliance Infrastructure has 11 subsidiaries in niche segments of the defence sector. RDL has organized the structure into defence, marine, and land systems with a focused approach towards aiming capabilities and developing in-house expertise in Land-based weapon platforms and systems, Air Combat vehicles, aircraft and avionics, Missiles, Unmanned systems, and C4ISR systems, Surface & sub-surface shipbuilding and development. R-Infra acquired Pipavav Defence and Offshore Engineering Company Limited in Gujarat.

Dhirubhai Ambani Aerospace Park spread over 400 acres land at MIHAN in Nagpur, planned with an aim to create a comprehensive eco-structure through backward integration under the Government of India's Make in India program for indigenous manufacturing of aerospace components. This aerospace park, first of its kind in India, comprising a cluster of manufacturers will indigenously deliver major aircraft components, spares and avionics requirements of the aerospace industry.

22 May 2025: Reliance Defence announced a strategic partnership with Germany's Rheinmetall in the field of ammunition, where Reliance would supply explosives and propellants for medium- and heavy-calibre ammunition from a new greenfield manufacturing facility in Watad Industrial Area of Ratnagiri, Maharashtra, which is a part of Dhirubhai Ambani Defence City. The companies would also engaged in joint marketing activities for selected products. The partnership could also expand in future as per requirement. The new Reliance facility, meant to be one of the largest of its kind in South Asia, will produce 2,00,000 artillery shells, 10,000 tons of explosives and 2,000 tons of propellants.[33][34]

10 June 2025: Reliance Defence announced another strategic cooperation agreement with Germany’s Diehl Defence. The agreement, worth inr 100000000000, for the local production of Vulcano 155 mm precision-guided artillery shell. The Vulcano offers longer range and higher precision than standard artillery shells with GPS and laser guidance. Reliance Defence will serve as the prime contractor, leading the manufacturing efforts, while Diehl Defence will supply the core technology and provide system-level expertise. The shells are to be produced at a new greenfield manufacturing facility in Watad Industrial Area of Ratnagiri, Maharashtra.[35][36]

18 June 2025: it was announced during the Paris Air Show that Dassault Aviation of France will manufacture Dassault Falcon 2000LXS business jet in Indian in partnership with Reliance Infrastructure Ltd subsidiary, Reliance Aerostructure Limited (RAL). The joint venture, Dassault Reliance Aerospace Ltd (DRAL) would become the first Center of Excellence (CoE) for Falcon series, including Falcon 6X and Falcon 8X programs out of France. The agreement will be followed by transferring the full fuselage and wing assembly operations and major facility upgrades of the DRAL facility at MIHAN at Nagpur airport, Maharashtra. The first flight of first Indian Falcon 2000 is expected by 2028. The facility was established in 2017, operations began later that year with the setting up of a state-of-the-art manufacturing facility at MIHAN, the first Falcon 2000 front section was delivered in 2019. By 2025, 100 major components are sourced from the facility.[37][38][39]

26 June 2025: The company received an export order worth inr 6000000000 from Rheinmetall Waffe Munition GmbH. The contract is a part of the larger strategic partnership with the German defence major Rheinmetall.[40][41]

30 June 2025: Reliance Defence announced a strategic partnership with United States Department of Defense-authorised firm, Coastal Mechanics Inc. (CMI) to jointly tap into India's defence aircraft maintenance sector. The collaboration will include MRO, upgrades and lifecycle support services to multiple platforms of the Indian Armed Forces including SEPECAT Jaguar, Mikoyan MiG-29, Boeing AH-64 Apache, Bofors 40 mm L/70 among other legacy systems. The companies would also set up a joint venture at MIHAN at Nagpur airport.[42]

5 September 2025: Reuters reported that the company will sell 2% of its share in Dassault Reliance Aerospace Ltd (DRAL) to Dassault Aviation. The transaction, worth inr 1760000000, will give up the majority stake of the joint venture to the latter. The deal is expected to be closed by 1 November.[43]

Reliance Infrastructure

History

BSES Delhi

Transportation

Airports

Metro projects

Toll roads

Bridges

Power projects

EPC contracts

BoP contracts

Defence

Subsidiaries

See also

External links

References