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 […]
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 […]
Reliance Power promoters plan to raise shareholding over time
Promoters of the company as of March 31, 2020 held 19.29 per cent shares. Anil Ambani’s family holds 0.08 per cent shares and Reliance Infrastructure has 12.78 per cent shares Mumbai: Reliance Power Chairman Anil Ambani on Tuesday said that promoters of the company plan to raise their shareholding in the company over time in […]
Reliance Power to eye value accretive growth opportunities
Anil Ambani also said that the company is committed to cleaner and greener power and is undertaking capital expenditure of Rs 3,300 crore to install Flue-gas desulfurization (FGD) in its coal based plants New Delhi: Reliance Power Chairman Anil Ambani on Tuesday said that the company’s focus will be on value accretive growth opportunities while […]
Reliance Power lines up Rs 4,000 crore capex to install FGD units
Anil Ambani further said the company will grow its clean energy portfolio with solar, wind, bio-mass, bio-gas and waste-to- energy in the renewable energy space. MUMBAI: Anil Ambani-led Reliance Power has planned a capital expenditure of Rs 4,000 crore to install flue-gas desulfurization (FGD) units across its coal-based power plants. As a part of its strategy to achieve clean […]
Reliance Power surges on recasting Rs 2,430 crore loan for Samalkot project
Reliance Power is currently trading at Rs. 4.28, up by 0.07 points or 1.66% from its previous closing of Rs. 4.21 on the BSE. The scrip opened at Rs. 4.21 and has touched a high and low of Rs. 4.33 and Rs. 4.21 respectively. So far 1347511 shares were traded on the counter. The BSE […]
Anil Ambani’s Reliance Power reports Rs 3,559 crore loss in fourth quarter
The impairment figures (of around Rs 4,000 crore) were adjusted to Rs 3,153.2 crore as it withdrew Rs 1,017 crore from its general reserve. Reliance Power reported a loss of Rs 3,558.5 crore in March quarter, on a standalone basis, mainly on impairments worth more than Rs 4,000 crore recognised by the company on account […]