Editing Reliance Infrastructure (section)

== History ==
The predecessor company, Reliance Energy Limited, came into existence when it took over an 83-year-old government undertaking, the Bombay Suburban Electric Supply (BSES) in 2002.<ref>{{Cite web|date=2019-10-09|title=It's official: BSES's now called Reliance Energy – The Economic Times|url=https://economictimes.indiatimes.com/wealthmakers-the-ambanis/anil-dhirubhai-ambani-enterprises/reliance-energy/its-official-bsess-now-called-reliance-energy/articleshow/933888.cms|archive-url=https://web.archive.org/web/20191009134332/https://economictimes.indiatimes.com/wealthmakers-the-ambanis/anil-dhirubhai-ambani-enterprises/reliance-energy/its-official-bsess-now-called-reliance-energy/articleshow/933888.cms|url-status=dead|archive-date=2019-10-09|access-date=2020-11-03}}</ref> BSES was originally founded in October 1929.

In April 2008, Reliance Energy Limited changed its name to Reliance Infrastructure Limited.<ref>{{Cite news|url=https://www.reuters.com/article/idUSBOM20049320080428 |title=India Reliance Energy is now Reliance Infrastructure |work=Reuters|date= 28 April 2008|access-date=2 September 2010 | first=Rina | last=Chandran}}</ref><ref>{{Cite web |url=http://reliance-energy-news.newslib.com/ |title=Reliance Energy News |publisher=Reliance-energy-news.newslib.com |access-date=2 September 2010 |url-status=dead |archive-url=https://web.archive.org/web/20110714174233/http://reliance-energy-news.newslib.com/ |archive-date=14 July 2011 }}</ref> The company entered the road building industry in 2006 with two [[National Highway (India)|National Highway]] projects in [[Tamil Nadu]] ([[Namakkal]]-[[Karur]] and [[Dindigul]]-[[Samayanallur]]), both sections of [[National Highway 7 (India)|National Highway 44]] (formerly NH 7).<ref name="reljoinshands">{{Cite news |url=http://www.financialexpress.com/news/reliance-energy-nhai-join-hands-to-pave-way-for-highway-development/115199/0 |title=Reliance Energy, NHAI join hands to pave way for highway development|date=31 January 2006|work=The Financial Express |access-date=14 April 2012|location=New Delhi}}</ref> In 2011, it was announced that the company was planning to buy out licences to build road projects from companies unable to do so.<ref name="troubledroads">{{Cite news|url=http://www.business-standard.com/india/news/r-infra-looks-for-business-in-troubled-road-projects/446061/|title=R-Infra looks for business in troubled road projects|last=Naidu|first=Katya|date=17 August 2011|work=Business Standard|access-date=15 April 2012 |location=Mumbai}}</ref>

In September 2018, at a time of financial stress, R-Infra sold its power transmission business in Mumbai to [[Adani Power|Adani Electricity Mumbai Limited]] for {{INRconvert|18800|c|year=2018}}.<ref>{{Cite news|title=RInfra sells Mumbai power utility to Adani|url=https://www.livemint.com/Companies/sWMDafjrtyOdjCkqsiOBhM/RInfra-completes-sale-of-Mumbai-power-assets-to-Adani.html}}</ref>

In October 2024, Reliance Infrastructure board has approved raising of $350 million (Rs 2,930 crore) through ultra-low cost 10-year maturity unsecured foreign currency convertible bonds (FCCBs). The board also approved the employees stock option scheme (ESOPs), which will provide a grant of up to 26 million equity shares of value of over Rs 850 crore.<ref>{{Cite web |date=2024-10-02 |title=Reliance Infra board okays $350 mn bond issue |url=https://www.financialexpress.com/market/reliance-infra-board-okays-350-mn-bond-issue-3628172/ |access-date=2024-10-02 |website=Financialexpress |language=en}}</ref>