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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.

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.

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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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Reliance Jio Adds 85 Lakh Subscribers in December; Airtel, Vodafone Idea Lose Users

The total subscriber base of Airtel was 34.03 crore, down 15.01 lakh from November, the data showed

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Jio
Jio services now include attractive lifestyle products as well. (Wikimedia Commons)

Reliance Jio continued to increase its subscriber base in December as other major telecom operators Vodafone Idea and Bharti Airtel lost users during the period, data released by the Telecom Regulatory Authority of India (TRAI) showed on Wednesday.

Reliance Jio added 85.6 lakh subscribers during the month under review, taking its total subscriber base to 28.01 crore.

“Total wireless subscribers (GSM, CDMA and LTE) increased from 1,171.76 million (117.17 crore) at the end of November 2018 to 1,176.00 million (117.6 crore) at the end of December 2018, thereby registering a monthly growth rate of 0.36 per cent,” TRAI said in a statement.

Reliance Jio. Source: www.reliancejio.website

Vodafone Idea, the largest telecom operator in terms of subscribers, lost around 23.32 lakh subscriptions and its base by December-end stood at 41.87 crore.

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The total subscriber base of Airtel was 34.03 crore, down 15.01 lakh from November, the data showed.

On region-wise subscription trend, TRAI said that “during the month of December 2018, all service areas except the northeast, showed positive monthly growth in their wireless subscribers”. (IANS)