Soon after the family split, Anil Ambani, who took control of Reliance Infocomm, Reliance Energy and Reliance Capital, wasted no time in investing and growing his businesses, and adding new ones to the fold. Within a three-year period, the Anil D Ambani (ADA) Group today comprises six listed companies with a total market cap of Rs 2,51,336.15 crore (as on June 17, 2008). These companies are Adlabs, Reliance Power, Reliance Capital, Reliance Communications, Reliance Infrastructure and Reliance Natural Resources.
The company is divided into seven broad groups including communications, infrastructure, capital, entertainment, power, natural resources and other businesses. The flagship company of the Reliance ADA Group, Reliance Communications Limited has over 45 million subscribers. It offers a complete range of integrated telecom services. These include mobile and fixed line telephony, broadband, national and international long distance services, data services and a wide range of value added services and applications aimed at enhancing the productivity of enterprises and individuals. Another group company Reliance Power bagged the two ultra mega power projects with the generation capacity of 4,000 MW each at Sasan and Krishnapatnam. It recently concluded an IPO where it mobilised Rs 7,52,000 crore, which was an oversubscription of 82 times the original float. Reliance Power has proposed a total capacity addition of 32,300 MW with the investment of over Rs 1,40,000 crore in next 10 years. However, Reliance Natural Resources Ltd, which is a ADAG company, is currently involved in legal battle against RIL over the gas allocation from KG D6 block. Reliance Infrastructure has bagged the western region transmission strengthening scheme II on build own and operate (BOO) basis with an investment of Rs 2,500 crore.
Just last week, Reliance Infrastructure refused to extend its bid validity till August 12, for the Rs 6,000 crore Mumbai Trans Harbour Link Project.