Reliance Infra to participate in bullet train project

Mumbai Sept 27: Infrastructure major Reliance Infrastructure on Tuesday has announced that it will participate in the "very ambitious" Rs 1 lakh crore bullet train project of the Indian Railways.

Reliance Infrastructure s Chairman Anil D. Ambani while addressing the company`s shareholders at the 88th annual general meeting (AGM) said that "We are deeply engaged and involved with a number of Japanese companies through JVs (joint ventures) and we will participate in this very ambitious Rs 1 lakh crore project"

He has also said that "the company is focusing on the EPC (engineering, procurement, construction) segment".

"In Mumbai, we are short-listed as bidder for Bandra-Versova Sea Link, coastal road project, and we also have LoIs (letter of intent) for metro orders," Ambani added.

He has also said that "Besides, we have also qualified for the Mumbai-Nagpur Expressway project. We will go through the process and compete."