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A view of NH-7, Namakkal-Karur toll road, built by Reliance Infrastructure.

T.E. Raja Simhan

Chennai, Oct. 8

Reliance Infrastructure’s two road projects worth Rs 760 crore in Tamil Nadu are commercially operational.

The Namakkal-Karur toll road and the Dindigul-Samayanallur toll road started toll collection from August and September, respectively.

The Rs 344.77-crore Namakkal-Karur project falls on NH-7 between the proposed flyover at Namakkal and the start of Karur bypass totalling a length of 41.775 km.

The Dindigul-Samayanallur project at a cost of Rs 412.26 crore also falls on NH-7, totalling a length of 53.025 km.

Both were the first projects for the company’s road division.

The Union Government, through the National Highways Authority of India, awarded the projects to Reliance Infrastructure in January 2006 with a concession period (tolling rights for 20 years, including construction period of 30 months).

The project funded by the concessionaire plus grant from NHAI is on build, own and transfer basis.

The company has invested in the design, construction, development, finance, operation and maintenance of the project, said Mr Lalit Jalan, CEO and whole-time Director, Reliance Infrastructure, part of the Anil Dhirubhai Ambani Group.

He said that the company is developing six road projects in India totalling 470 km with an outlay of about Rs 4,300 crore.

There are five road projects in Tamil Nadu and the sixth is in National Capital Region. Of the five projects in Tamil Nadu, two are commercially operational and the work on the remaining projects is progressing as per the schedule.

“The Government has planned an investment of Rs 1 lakh crore and we expect to get a decent share of this opportunity,” he said.

The company has pre-qualified in a couple of road projects and are amongst the top three players in the road space.

More Stories on : Infrastructure | Roadways | Tamil Nadu | Reliance Energy Ltd

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