RInfra- Astaldi inks pact with MSRDC for Rs 7K Cr  Versova-Bandra sea link project 

By Accommodation Times Bureau MUMBAI Reliance Infrastructure (RInfra)-led consortium on September 4 has inked MoU with MSRDC for Versova- Bandra Sea Link Project. The MoU was signed for Rs 7,000 crore – project, it said. The company in its statement said RInfra and Astaldi SpA (Italy) consortium inked MoU with the MSRDC for the

RInfra had projected and provisioned losses for 8 years in Metro while bidding

By Accommodation Times News Services Reliance Infrastructure (RInfra) has submitted a plan to the Mumbai Metropolitan Region Development Authority (MMRDA) while bidding for the Versova-Andheri-Ghatkopar metro project, in which they have projected and provisioned for losses for eight years of operations. On the other hand, in a bid to hike ticket

RInfra bags SCADA/DMS Consultancy Project for Patna, Bihar

5th Consultancy project to RInfra under R-APDRP. Project awarded to RInfra on higher technical score. Presently executing SCADA/DMS consultancy for Maharashtra, Haryana & Chhattisgarh. Also doing IT consultancy for Karnataka. RInfra is the only power utility empanelled with the Power Finance Corporation for SCADA/DMS consultancy. RInfra is the only integrated

RInfra signs Concession Agreement for Delhi – Agra Road

Delhi – Agra road, a Six laning of 180 km long project, estimated to be around Rs 3000 crore. Becomes the largest road developer in 6 lane road projects with 3 projects of 380 Kms. Becomes the largest concessionaire of NHAI in road sector. RInfra executing 11 road projects with

MMRDA will get Metro safety nod in next month

          By Accommodation Times News Service The process to begin commercial operations on the Versova-Andheri-Ghatkopar (VAG) corridor of the Metro may pick up pace in the next few weeks with officials looking at a February date to approach the railway safety authority for final approval. The MMRDA expects the Research, Design and Standards

‘Reliance’ to be removed from the Mumbai Metro Project: MMRDA

        By Accommodation Times News Service Mumbai Metropolitan Region Development (MMRDA) has directed one of the investor in the Mumbai Versova –Andheri –Ghatkopar Metro line to remove its logo from it. MMRDA spokesperson said, we have concession agreement with Mumbai Metro One Pvt. Ltd (MMOPL). Accordingly, we believe that the logo of

Cost escalation causes delay in Mumbai Metro for 7th time

By Accommodation Times News Service The Versova-Andheri-Ghatkopar elevated metro constructed by the Reliance Infrastructure will be been missing its deadline of September for the seventh time. The reason is the ‘’cost escalation’’ which is risen by 84% which is higher than the original estimates. The original cost of the 12km long

Reliance Infra awaits its nods to get start its stalled projects

By Accommodation Times News Service Reliance infrastructure one of the leading group in the construction is facing delay in its big projects due to regulatory clearances , the company said it is awaiting nod from government agencies commence work on some stalled projects worth Rs. 20,000crore. The company’s Mumbai Sea Link

Government to help MSRDC for the Worli-Haji Ali sea link

By Accommodation Times Bureau MSRDC( Maharashtra State Road Development Corporation) is now seeking help in terms of funds after the Reliance Infrastructure contract got scrapped. MSRDC made a proposal in a meeting held on 2nd August to undertake the project and decide to terminate the RInfra’s contract. The MSRDC had given a budget of Rs.

Maharashtra Government and Reliance Infra signed Concession Agreement for Metro Line-II

Project Cost of Rs. 8,250 crores Financial closure to be achieved before October, 2010 To execute 32 km Charkhop-Bandra-Mankhurd corridor with 27 stations Well integrated with existing suburban railway network and Metro Line I Mumbai, January 21, 2010 – The Govt. of Maharashtra signed the Concession Agreement with Reliance Infrastructure Limited (RInfra) led