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Dhirubhai Ambani awarded Padma Vibhushan, sons overwhelmed

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New Delhi: Legendary entrepreneur Dhirubhai Ambani has been named for this year’s Padma Vibhushan award, India’s second highest civilian honour, for his “exceptional and distinguished” service.

As per a statement from the home ministry, Ambani will be conferred the award posthumously for his contribution to trade and industry — the only person chosen for the Padma Vibhushan this year under this category.

The president of India confers the award around March-April.

Both his sons — overseeing the empire he created — felt overwhelmed and honoured by the announcement.

Mukesh Ambani addressed Dhirubhai Ambani’s vision to be an inspirational aspect to the new age entrepreneurs of India.

The Padma Vibhushan awarded to Shri Dhirubhai Ambani is an honour to the indomitable spirit of Indian entrepreneurship, innovation and ambition to always do better than the best in the world,

The younger son Anil Ambani, who oversees the Reliance Group, said the honour was a recognition of Indian entrepreneurship.

I personally, and the entire Reliance family, are truly overwhelmed and deeply humbled at the award of this great national honour, the Padma Vibhushan, for the greatest entrepreneur and wealth creator in the history of India, my beloved father, Shri Dhirubhai Ambani,” he said.

The true legacy of Dhirubhai lies in the inspiration that he continues to provide to millions of young people, who are dreaming impossible dreams, and setting out to achieve their entrepreneurial ambitions.

 

“In his lifetime, Dhirubhai created and shared more wealth with Indians than anyone before or since.”

(Inputs from IANS)

(Picture Courtesy: www.siasat.com)

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Reliance Infra Debuts In Railway Space, Bags EPC Contract

Reliance to get LOA for its maiden railway project

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Reliance.

Reliance Infrastructure Limited EPC has received the Letter of Award (LOA) from Rail Vikas Nigam Limited (RVNL) for its maiden railway project worth Rs 774 crore for the construction of third rail line between Jimidipeta and Gotlam on East Coast Railway on Engineering, Procurement and Construction (EPC) basis, the company said on Thursday.

The 105 km-long line will run in Andhra Pradesh and Odisha. The scope of work includes civil, track, electrification, signalling and telecom works of the rail line. The work also includes construction of 13 railway stations and staff quarters.

“RInfra has strong credential in successful execution of complex EPC projects in various sectors including railway and metro space. This order marks our foray into Railway EPC segment and further strengthens Reliance Infrastructure Limited’s bona fide to lead in construction of rail transportation systems. The company is well positioned in the emerging railway market and poised to capture a sizable share,” said Arun Gupta, CEO, Reliance Infrastructure EPC.

Reliance.
Reliance.

The railway line between Jimidipeta to Gotlam is part of Titlagarh-Vizianagaram section. At present, Titlagarh-Vizianagaram is a double line (electrified) track section of Jharsuguda- Visakhapatnam line.

It is an important rail link between Jharsuguda and Visakhapatnam, and serves as a bypass rail link to Howrah-Mumbai trunk route and Howrah-Chennai main line of East Coast region.

It also caters to the goods and passenger traffic from Bhubaneswar, Sambalpur and Raygada with Koraput on the Kottavalsa-Kirandaul line. The line traverses through western Odisha and Andhra Pradesh. This line will lead to development around the entire area, the statement said.

Also Read: Reliance Jio New Offer :Triple Cashback offer for Reliance Jio Prime Members

Indian Railways has a plan outlay of more than Rs 7 lakh crores in the coming five years towards decongestion of railway line (doubling), new railway line, high speed railway, station development and others.

Reliance Infrastructure Limited is keenly pursuing project opportunities worth around Rs 2 lakh crore to increase its EPC order book to Rs 50,000 crore by FY19.  IANS

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