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Reliance Power’s 2 subsidiaries settle Rs 1,023-cr debt – EQ

In Short : Two subsidiaries of Reliance Power have resolved a debt amounting to Rs 1,023 crore, marking a significant step towards financial stability for the company. In Detail : New Delhi, Reliance Power on Wednesday said its two subsidiaries have settled debt worth Rs 1,023 crore with Authum Investment’s arm Reliance Commercial Finance. Reliance […]

EDP Renewables and Walmart Announce 15-Year Power Purchase Agreement in Texas – EQ

Reliance Power offers Rs 1,200 crore to settle debt of VIPL power project – EQ Mag

The OTS offer made by Reliance Power was supported by global alternate investment firm Varde Partners, said the report Anil Ambani-promoted Reliance Power Ltd on Monday proposed a one-time settlement (OTS) to the lenders of Vidarbha Industries Power of Rs 1,200 crore to settle its debt, said a report on Monday. The OTS offer of […]

EDP Renewables and Walmart Announce 15-Year Power Purchase Agreement in Texas – EQ

Reliance Power proposes settlement of Rs 1,200 crore to Vidarbha Inds lenders – EQ Mag

Anil Ambani-promoted Reliance Power has proposed a one-time settlement (OTS) of ₹1,200 crore to the lenders of Vidarbha Industries Power to settle its debt, said two sources aware of the development. Reliance Power’s OTS offer is supported by global alternative investment firm Varde Partners, one source said. In September 2022, Reliance Power entered into an […]

EDP Renewables and Walmart Announce 15-Year Power Purchase Agreement in Texas – EQ

Reliance Power Q2 loss widens to Rs 340 crore – EQ Mag Pro

Its total income increased to Rs 1,945.14 crore from Rs 1,886.82 crore earlier Reliance Power on Thursday reported widening of its consolidated net loss to Rs 340.26 crore in the September quarter, mainly due to higher expenses. The consolidated net loss of the company stood at Rs 133.10 crore in the quarter ended September 30, […]

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ

Reliance Power, its subsidiary to raise debt of up to Rs 1,200 cr from Varde Partners – EQ Mag Pro

New Delhi: Reliance Power and its subsidiary have inked a pact with Varde Partners for availing debt of up to Rs 1,200 crore. In a regulatory filing, Reliance Power said the company and its subsidiary have entered into a indicative Memorandum of Understanding (MoU) with Varde Partners for availing debt of up to Rs 1,200 […]

EDP Renewables and Walmart Announce 15-Year Power Purchase Agreement in Texas – EQ

Reliance Power reports Rs 13.93 crore loss in December quarter – EQ Mag Pro

Total income dipped to Rs 1,858.93 crore in the quarter, from Rs 2,006.66 crore in the same period a year ago Reliance Power on Thursday reported a loss of Rs 13.93 crore for the December quarter, mainly due to lower revenues. The company had posted a consolidated net profit of Rs 52.29 crore for the […]

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ

Reliance Power to raise Rs 1,325 crore from R-Infra via preferential allotment

The board also approved seeking enabling authorisations of members for issuance of foreign currency convertible bonds and securities through qualified institutions placement Mumbai (Maharashtra) : Anil Ambani-led Reliance Power will raise Rs 1,325 crore by issuing preferential shares and warrants to its parent Reliance Infrastructure. The company said its board of directors has approved preferential […]

Gensol Engineering appoints Kapil Nirmal as CEO of West Asia business -EQ

Reliance Power Board Approves Preferential Issue of Shares, Warrants to Reliance Infra

This will reduce Reliance Power standalone debt by Rs 1 ,325 crore and along with planned debt reduction in subsidiaries, Reliance Power consolidated debt will reduce by Rs 3,200 crore in FY22.z New Delhi : The Board of Directors of Reliance Power Limited has approved preferential issue of up to 59.5 crore equity shares and […]

Adani Green Energy commissions 180 MW solar power project at Jaisalmer -EQ

Reliance Power Q4 Turns to Net Profit of Rs72.56cr After Massive Rs-4206cr Loss in Mar-20 Quarter

Reliance Power Ltd reported -7.98% yoy fall in consolidated sales revenues for the Mar-21 quarter at Rs1,654.57cr. Reliance Power Ltd reported -7.98% yoy fall in consolidated sales revenues for the Mar-21 quarter at Rs1,654.57cr. In the midst of the challenges of COVID, Reliance Power managed to achieve 96.25% plant load factor (PLF) at its 3,960 […]

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ