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Reliance Infra gets Rs 12,000 cr contract

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Reliance Infrastructure Ltd has been awarded the Rs 12,000 crore engineering procurement and construction (EPC) contract for the Sasan ultra-mega power project by its group company Reliance Power Ltd. Reliance Power Ltd is developing the 4,000 MW project through its subsidiary Sasan Power Ltd.


Sources in the company said the EPC contract would be accounted on the Reliance Infrastructure’s balance sheet. About 42 months would be required to complete the contract. The ‘notice to proceed’ would be issued to the company in a week’s time

Source: sify.com

June 30, 2008 · Filed Under Reliance Infrastructure 
Visited 595 times, 1 so far today
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