RInfra can collect toll at 10 projects by March

Anil Ambani-promoted Reliance Infrastructure can start toll collection at its 10 road projects, which are being implemented at an estimated investment of Rs 10,000 crore, by the end of this fiscal.

"Six projects of Reliance Infrastructure would become revenue operational by March, 2012, four have already started generating revenues," a source said.

The company is executing these projects  of the National Highways Authority of India under the public-private-partnership (PPP) model and would earn revenue from toll collected from traffic.

In these six-laning projects, tolling can be commenced parallel to the commencement of construction from the day financial closure is achieved.

These projects include six-laning of NH 4 between Pune and Satara of length 140 km in Maharashtra, six-laning of NH 7 between Hosur and Krishnagiri of length 60 km in Tamil Nadu, six-laning of NH 2 between Delhi and Agra of length 180 km in Haryana and Uttar Pradesh.

Once these projects are completed, they are likely to generate a revenue of Rs 1,200-1,400 crore per annum.

Reliance Infrastructure plans to bag more highway projects in the future.

"Themega road projects...Whenever they are bid out RInfra would been keen to develop them....Only one mega road project has been bid out so far," sources said.

The 10 projects would be fully-commissioned by 2014.

Reliance Infrastructure has 25 infrastructure projects totalling Rs 40,000 crore in hand, including these 10 projects.

The company had posted a net profit of Rs 362 crore in the quarter ended September 30, 2011.