RInfra’s Haryana road project becomes operational

July 4, 2012

Reliance Infrastructure (RInfra) today said its Rs 800 crore road project in Haryana for widening of Gurgaon-Faridabad-Ballabhgarh-Sohna road has become operational.

The project was executed by the company through its special purpose vehicle GF Toll Road Private Ltd, the company said in a statement.

The project is RInfra SPV’s first state road project, executed on BOT and has a concession period of 17 years, during which time the road will be operated and maintained by RInfra’s SPV, it added.

The project involved four laning of Gurgaon-Faridabad stretch and two laning of Ballabhgarh-Sohna road, it said.

Commenting on the development, the Reliance Infrastructure CEO, Mr Lalit Jalan, said: “This will increase commuting convenience and connect centers of tourism, International airport, industrial zones and places of economic importance.”

The project includes 14 lanes toll plaza at Gurgaon Faridabad road and six lanes toll plaza at crusher zone. Also, two toll plazas of six lanes each are located on Ballabhgarh Sohna stretch, the company said.

“With current order book of eleven road projects, we will generate from next financial year revenues of Rs 1,200 crore a year with 15 per cent y-o-y growth rate,” Mr Jalan said.

SOURCE: http://www.thehindubusinessline.com

4 Comments on “RInfra’s Haryana road project becomes operational” Post your comment

  1. Chandra Sekhar on July 17th, 2012 4:43 pm

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  2. M. SRIDHAR on September 16th, 2012 6:35 pm

    Dear Sir,

    I am Sridhar Mangalagiri working as supervisor in Vijayawada Toll
    Ways private Ltd.KAZA NH 5 .Guntur Dist .
    Here I am sending my CV along with experience certificates and
    qualification certificates.
    I have total 7 years experience in toll operations.Please consider my
    Candidature in your organization.

    Sridhar Mangalagiri
    Phone:+91 9951352910

  3. Shailendra kumar singh on August 6th, 2013 1:29 pm

    Respected Sir / Maim,
    I have done M.B.A. with 2 years 7 month exp. in Accounts. I have also done M.com. I want to do jobs in toll Plaza sector. If any such opportunity is there plz. let me know. I am waiting your response.
    With Regards:
    Shailendra kumar singh

  4. Commuter on January 7th, 2014 10:37 am

    Gurgaon Faridabad Toll road scam :

    We have observed some emplyoee working at this toll being involved with taxi owners & passing them without any change as well as giving them preferance to cross toll by stopping other vehicles those are in que since a long time.

    Similar to some complaints regarding 50 paise not returning and goes into useless charity, we tried to get the real reason. One toll collector told me that it is a big network and people above me are well aware of this fact. He told me that collectors like him don’t take the extra into their pockets instead, this black money is handed over as extra income to their bosses.

    I think that is why no body from top doesn’t care for this non-sense happening. Think it over and just add up all the money, it will be in few lakhs of rupees and without any paper or proof of earning.

    Why they are charging rupees 23 for multiple visit instead of 22.50 paisa which is decided by authorities.

    Let’s assume – if 10,000 cars access this route on daily basis then the non-accounted income will be 5000 rs. per day and in month it will be 150000 *12 = 18,00,000/- 18 Lac rupees….

    Think and Imagine

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