Reliance Infrastructure, a part of Anil Dhirubhai Ambani Group, commenced tolling of the 71 km-long Kandla - Mundra highway on Nov. 7, 2015. With this, all the 11 highway toll projects of the company have started generating tolling revenue.

Reliance Infra's 100% owned special purpose vehicle km toll road is executing the project in Gujarat's Kutch district at a cost of Rs.11.28 billion. The 4/6 lane highway connecting Gandhidham (Kandla) to Mundra port section of NH-8A has been delivered on the basis of design, build, finance, operate and transfer (DBFOT).

The highway connects two high commercial traffic ports of Kandla and Mundra, and has a long concession period of 25 years. Mundra is one of the largest private ports in the country and has a major container handling facility with a CAGR growth of approx 53% over the last four years.

With the widening of the corridor, the average speed of vehicles is expected to increase from 45 kms/hr. to about 70 kms/hr., thereby reducing the travel time by 40% to 50% and saving about 30% fuel cost.

Reliance Infra has built slip roads to the towns of Anjar and Gundala in order to provide seamless connectivity in the region.

Shares of the company gained Rs 11.65, or 3.02%, to trade at Rs 397.85. The total volume of shares traded was 66,052 at the BSE (11.25 a.m., Tuesday).