Reliance Infrastructure bags road project of over 66 kms on high density traffic zone

• Project involves 4 laning of Gurgoan-Faridabad road and up-gradation of Ballabgarh-Sohana road on BOT basis
• Total road length of 66 Kms-critical for NCR area
• Reliance Infrastructure selected amongst 7 bidders
• Reliance Infrastructure roads and national highway portfolio now at 466 Km

New Delhi, 23rd December 2008: Reliance Infrastructure the infrastructure arm of Reliance Anil Dhirubhai Ambani Group bagged the four laning of Gurgoan-Faridabad road and up-gradation of Ballabgarh-Sohana road on Build Operate and Transfer (BOT) basis today.

The project involves construction of a total 66 Km road length on high density traffic zone. The project is expected to be completed in 2 years from the date of commencement with a concession period of 17 years.

Reliance Infrastructure was selected as the best bidder for the project amongst the 7 bidders who were judged on the basis of lowest negative grant payment. The Haryana PWD had invited bids in October 2008 for Design, Engineering, Finance, construction, operation and maintenance and toll collection.

Reliance Infrastructure in the last two years has emerged as the largest developer of road and highway projects for the National Highways Authority of India(NHAI) under the build, own, transfer scheme. The company is presently in the advanced stages of the four-laning of five National Highway projects in Tamil Nadu, covering a length of 400 kms at a cost of Rs. 3,100 crore.

Reliance infrastructure portfolio includes development of Roads, Bridges, Metro Rail and Real Estate projects

About Reliance Infrastructure Ltd.

Reliance Infrastructure, a part of Reliance - Anil Dhirubhai Ambani Group, is India's leading private sector utility Company.

Reliance Anil Dhirubhai Ambani Group currently has a market capatalisation of over Rs 1,10,000 crore, net worth in excess of Rs 58,000 crore, operating cash flow of Rs 12,000 crore, net profit of Rs 8,000 crore and zero net debt.

Reliance Infrastructure is ranked amongst India's top 25 listed private companies in terms of all major financial parameters, including assets, sales, net worth, profits and market capitalisation.

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