Reliance Infra to be debt-free: Anil Ambani

Sep 14, 2021
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On a standalone foundation, Reliance Infrastructure has a standalone debt of ₹3,808 crore

Reliance Infrastructure Ltd. chairman Anil Ambani on Tuesday stated the agency will obtain ₹7,100 crore from the Delhi Metro Rail Company (DMRC) following the latest Supreme Courtroom judgement.

The funds can be utilised to repay the debt of Reliance Infrastructure and the corporate would grow to be debt free, he advised shareholder on the annual common assembly.

On a standalone foundation, Reliance Infrastructure has a standalone debt of ₹3,808 crore.

He additional disclosed that there have been regulatory property value ₹50,000 crore below approval/ dispute earlier than numerous fora for energy distribution enterprise BSES Delhi and erstwhile GTD in Mumbai. Additional, arbitration claims value ₹15,000 crore have been pending earlier than numerous fora.


Supply- thehindu