Reliance Infra to bid for more power projects

new Delhi: Anil Dhirubhai Ambani Group (ADAG) company Reliance Infrastructure will bid for more power distribution business in Maharashtra, Uttar Pradesh, Bihar and other states.

The copmpany has decided to bid for distribution work in 20 cities including nine in Uttar Pradesh, five in Maharashtra and four in Bihar as and when bids are invited.

There are indications that these states would open up power distribution to the private sector.

In case of winning awards, the company will endeavour to reform the sector and reduce the aggregate technical and commercial (AT & C) losses substantially. In Delhi we helped the state government to bring down losses to 20 per cent from 55 per cent in 2002.

The operations in Delhi helped the state government save Rs 19,000 crore over the past seven years.

Reliance Infra is the largest private sector enterprise among power utilities involved in generating, transmitting, distributing and trading electricity and constructing power plants as engineering procurement construction partners.