Reliance Infrastructure Limited (RInfra)
India's National Highways network expanded to 1,46,560 km in FY26 (till December 2025), with 9,380 km constructed during the year.
Reliance Infrastructure Limited (RInfra) is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as power, roads, metro rail and airport in the infrastructure space and the defence sector. The company is also a leading utility company with presence across the chain of power businesses such as generation, transmission, distribution, and power trading. RInfra, through its SPVs, has executed a portfolio of infrastructure projects under BOT such as a metro rail project in Mumbai and eleven road projects with total length of about 1,000 kms. RInfra, along with its wholly owned subsidiary company, has installed capacity of 441 MW of power and distributes power to over 40 lakh consumers in Delhi. RInfra also provides Engineering, Procurement, and Construction (EPC) services for developing power infrastructure and road projects.
Reliance infrastructure Limited reported consolidated FY26 total income of Rs. 20,862.03 crore (US$ 2.36 billion) and Rs. 23,999.29 crore (US$ 2.72 billion) in FY25.
Reliance Infrastructure Limited (RInfra)
| Year | Milestone |
|---|---|
| 2026 |
On January 12, 2026, Reliance Industries Limited announced a Rs. 7 lakh crore (US$ 75.56 billion) investment in Gujarat to expand clean energy, AI-ready data centres and solar infrastructure, including large-scale projects in Jamnagar and Kutch, strengthening India’s green and digital infrastructure ecosystem. |
| 2025 |
As of October 20, 2025, Reliance Industries Limited is set to peak its capital expenditure over the next two quarters of FY26, focusing on building renewable energy Giga factories, expanding fast-moving consumer goods and deploying Artificial Intelligence across telecom and retail to drive structural growth. Reliance Infrastructure-promoted Reliance Defence has partnered with U.S. firm Coastal Mechanics to tap a Rs. 20,000 crore (US$ 2.33 billion) India defence MRO (Maintenance, Repair, Overhaul) & upgrade opportunity, covering platforms like over 100 Jaguars, 100 MiG-29s and Apache helicopters, with a joint venture to be set up at MIHAN, Maharashtra. Reliance Infrastructure Ltd, became debt-free on a standalone basis by FY25, clearing all bank and financial institution loans. It reported a consolidated profit of Rs. 4,387 crore (US$ 513.3 million) in Q4 FY25, with adjusted EBITDA up 681%. |
| 2024 |
In October 2024, Reliance Infrastructure-backed Reliance Defence Limited plans to establish an integrated facility for manufacturing explosives, ammunition, and small arms under the Dhirubhai Ambani Defence City (DADC). The project, with an estimated investment of up to Rs. 10,000 crore over the next decade, will be developed on a 1,000-acre site in the Watad Industrial Area, Ratnagiri, Maharashtra. DADC aims to form joint ventures with up to six leading global defence companies. It will be the largest greenfield project in India's defence sector by a private company. |
| 2023 |
In May 2023, RIL subsidiary Reliance Retail Ventures Ltd (RRVL) had acquired a 100% equity stake in Metro Cash and Carry India Pvt Ltd, which operates under the ‘Metro India' brand, for a cash consideration of Rs. 2,850 crore (US$ 341.7 million). Reliance Infra is executing an E&C order from Maharashtra State Road Development Corporation (MSRDC) for construction of access-controlled Nagpur-Mumbai Super Communication Expressway (Maharashtra Samruddhi Mahamarg) in the state of Maharashtra on E&C mode for Package 7, from 296.000 km to 347.190 km (section - village Banda to village Sawargaon mal) in district Buldhana. Nagpur - Mumbai Super Communication Expressway is an under-construction 6-lane wide (expandable to 8), 701 km long access-controlled expressway in Maharashtra, capable of providing enhanced connectivity to the Marathwada and Vidharbha region. In May 2023, Supreme Court upholds US$ 33.18 million (Rs. 278 crore) award in Reliance Infra's favor. Reliance Infrastructure (R-Infra) which runs the Metro One also announced more services recently. It introduced 18 more daily trips on the Metro One Line from Versova to Ghatkopar via Andheri. |
| 2021 |
In September 2021, Reliance Infrastructure’s board approved a bid to raise US$ 100 million through unsecured foreign currency convertible bonds (FCCBs). In January 2021, Reliance Infrastructure Limited successfully completed the sale of its entire 74% equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to India Grid Trust (IndiGrid) for an enterprise value of ~Rs.900 crore (US$ 124.25 million). In January 2021, the company successfully completed the sale of its 100% stake in DA Toll Road to Cube Highways and Infrastructure III Pte Ltd. for an enterprise value of ~Rs.3,600 crore (US$ 497.03 million). |
| 2020 |
In November 2020, India Grid Trust signed an agreement to acquire 74% stake in Parbati Koldam Transmission Company (PKTCL) from Reliance Infrastructure. PKTCL was incorporated on September 2, 2002 and is a joint venture between Reliance Infrastructure Limited (74%) and Power Grid Corporation of India Limited (26%). Reliance Infrastructure to sell its stakes in Mumbai Metro-1. RInfra owns 69% stake in MMOPL (Mumbai Metro One Pvt Ltd.) Reliance Infrastructure won a major Arbitration Award of Rs. 1,250 crore (US$ 178.85 million) against Damodar Valley Corporation (DVC) |
| 2019 |
Reliance Infrastructure pledged Rs. 1.5 crore (US$ 0.21 million) additional shares in Reliance Power Reliance Infrastructure Ltd secured Rs. 7,000 crore (US$ 1 billion) Versova-Bandra Sea Link Project Reliance Infrastructure applied for Commercial Operations Date (COD) to National Highways Authority of India (NHAI) |
| 2018 |
The company expected to become debt free by 2019 after it sold the power distribution business to Adani Transmission Limited (ATL) Reliance Infrastructure (RInfra) bagged package-7 of Nagpur-Mumbai Samruddhi Expressway project from the Maharashtra State Road Development Corporation (MSRDC) |
| 2013 |
The company joined the league to bid for constructing the Rs 27956 crore (US$ 4 billion) Indian railways Churchgate-Virar elevated corridor project. |
| 2008 |
Reliance Infrastructure has bagged the contract for four-laning of the Gurgoan-Faridabad Road and along with this the upgradation of the Ballabgarh-Sohana road on a build, operate and transfer (BOT) basis. This project involves the construction of 66 km of road on high density traffic zone and the project is expected to be completed in two years from the date of commencement with a concession period of 17 years. Company name has been changed from Reliance Energy Ltd to Reliance Infrastructure Ltd. |
| 2003 |
The name of BSES Ltd changed to Reliance Energy Ltd. |
| 1994 |
The Company entered into a MOU with National Thermal Power Corporation Ltd. to promote a joint venture company as a subsidiary in order to avail enormous opportunities in the power sector in construction, erection and other project management activities. The Company held 51 %of the equity of the subsidiary company. |
| 1992 |
The name of the company was changed from Bombay Suburban Electric Supply, Ltd to its abbreviated version BSES Ltd. |
| 1981 |
The company was awarded a contract for 34.5 KV distribution systems at A1-Jubail in Saudi Arabia. Another contract valued was awarded by Electricity Corporation of Saudi Arabia for A1 Qaseem Rural Electrification Distribution. |
| 1929 |
The company was incorporated on October 1st, at Mumbai under the Companies Act, VII of 1913 as "Bombay Suburban Electric Supply Limited". |
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