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Reliance Infra gets Rs 12,000 cr contract
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 Infrastructureâ€™s balance sheet. About 42 months would be required to complete the contract. The â€˜notice to proceedâ€™ would be issued to the company in a weekâ€™s time
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