Reliance Infra Clears Rs 2.73 Bn Debt for JR Toll Road

25 Jun 2025 CW Team

Reliance Infrastructure announced on Monday that its wholly-owned subsidiary, JR Toll Road Private Ltd (JRTR), has fully settled a debt of Rs 2.73 billion鈥攊ncluding interest鈥攐wed to Yes Bank Ltd (YBL).

The settlement, formalised through an addendum to a prior agreement, marks the complete discharge of JRTR鈥檚 outstanding obligations to the lender. As part of the same agreement, Reliance Infrastructure's corporate guarantee for the loan has also been entirely released.

In its regulatory filing, Reliance Infrastructure clarified that Yes Bank does not hold any shares in the company and is neither a related party nor affiliated with the promoter group.

鈥淭his concludes JRTR鈥檚 total debt liability to YBL and releases Reliance Infra from all associated guarantee responsibilities,鈥� the company said.

The move is aligned with Reliance Infra鈥檚 broader efforts to deleverage its balance sheet and strengthen its financial position.

Infrastructure Urban

25 Jun 2025

PPP Planned To Rejuvenate Arkavathi River At Rs 25鈥�30 Bn

The Bangalore Water Supply and Sewerage Board (BWSSB) has drawn up a public鈥損rivate partnership scheme to revive the once-vital Arkavathi River, modelling the effort on Ahmedabad鈥檚 Sabarmati riverfront. A preliminary survey pegs the investment at Rs 25鈥�30 billion and a detailed project report (DPR) is due by December 2025. Covering 53.7 km from Nandi Hills to Tippagondanahalli, the blueprint spans 1 449 sq km across Bengaluru Urban, Mandya, Chikkaballapur and Ramanagara districts, touching 734 villages, 77 settlements, ten lakes and 13 industrial belts. Key works include flood contr..