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India looks to provide access to electricity to all in 2018

Seventy years after independence, India is racing to connect thousands of villages with electricity as it looks to accelerate growth whose dividend are distributed to all. The new year will see the government accelerate efforts to achieve the mammoth task of ... Deccan Herald, 2 months ago

RInfra will soon be debt-free at standalone level

The company will now focus on value creation for shareholders in the defence and construction businesses. The Anil Ambani-controlled Reliance Infrastructure (RInfra) on Thursday announced the sale of its Mumbai power business to Adani Transmission.   The deal, valued at Rs 13,251 crore, is one of the biggest asset monetisation moves the Reliance ADA group has undertaken so far. RInfra has signed a “definitive binding agreement” with Adani Transmission for a 100 per cent stake ...
 Rediff.com2 months ago
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