Reliance Power

Saturday, Apr 27, 2024 | Last Update : 02:26 AM IST

Reliance Power operating portfolio reaches 6,000 MW, plans capex of Rs 3,300 crore

R-Power renewable projects operated with 98 per cent availability and delivered robust operating performance, Ambani said

24 Jun 2020 10:53 AM

Centre asks generating companies to reduce coal import, source domestic fuel. (PTI Photo)

Centre asks NTPC, Tata Power to reduce coal imports, suggests sourcing domestic fuel

Thermal power plants exhorted to import coal for blending purposes, if requisite quantity and quality of domestic coal is not made available

01 May 2020 3:16 PM

Axis Bank has initiated insolvency process against its subsidiary Vidarbha Industries Power Ltd for a claim of Rs 553.28 crore.

Axis Bank files insolvency plea against RPower arm

The company is engaged with all its lenders to arrive at a suitable resolution outside CIRP.

22 Jan 2020 9:19 AM

Reliance Infrastructure was holding 25.97 per cent of share capital in Reliance Power.

Reliance Infra invokes RPower's 10.19 cr pledged shares

The total market value of these 10.19 crore shares at Rs 3.30 per share on the BSE works out to be Rs 33.62 crore.

03 Dec 2019 3:17 PM

The number of “zombie companies” is on the rise globally. But the rate of growth of such companies is even more alarming in India and that may eventually derail the economy. (Representational image)

India is a top place for zombie companies

Zombie companies are defined as corporate underachievers overdosed on cheap credit.

15 Aug 2019 1:44 AM

Reliance Group Chairman Anil Ambani said his group was committed to meet all payment obligations in a timely manner and has already serviced debt worth Rs 35,000 cr in last 14 months.

Reliance Capital calls PWC's observations baseless, unjustified

The companies said they have also duly furnished all requisite and satisfactory details as required by PWC.

13 Jun 2019 11:52 AM

Blaming regulatory institutions and courts for some of the group problems, Anil Ambani said the delay in passing verdicts has kept the group from receiving dues of over Rs 30,000 crore. (Photo: File)

Anil Ambani says committed to meet debt obligations

Reliance group has made debt payments of over Rs 35,000 crore in 14 months from April 2018 till May 2019, said Ambani.

11 Jun 2019 1:35 PM

At the end of December 2018, promoter entities held 75 per cent stake in the company.

Reliance Power promoters aim Rs 2,500 crore from stake sale

Shares of Reliance Power rose 2.20 per cent to Rs 11.60 apiece on BSE.

19 Feb 2019 2:07 PM

Reliance Power on Thursday said its wholly-owned subsidiary Reliance Power Netherlands BV has won an international arbitration award of USD 56 million (Rs 390 crore) against Prestige Capital Holdings (a Seychelles-based company) and Kokos Jiang.

Reliance Power unit wins USD 56 mn international arbitration award

Reliance Power said the arbitration related to a contractual dispute in the context of company's coal mines in Indonesia.

23 Aug 2018 12:04 PM

The company had reported a consolidated net profit of Rs 230.85 crore in the quarter ended on June 30, 2017.

Reliance Power net rises 3 pc to Rs 237.33 cr in April-June quarter

Total income of company declined to Rs 2,370.55 cr in first quarter of this fiscal from Rs 2,752.32 crore.

21 Jul 2018 5:54 PM

Targeting NTPC for supplying Bangladesh electricity generated using cheap domestic coal, the Association of Power Producers has written to the government.

Electricity export to Bangladesh can't be done using domestic coal

Such sale violates extant policy and hurts interest of domestic power consumers.

30 Mar 2018 2:30 PM

ADBs partnership with Reliance Power will help Bangladesh scale up its energy infrastructure to sustain and support the countrys economic growth.

ADB approves USD 583 mn loan facility to Reliance Power's project

ADB's support will help Reliance Power Ltd to develop an initial approximately 750 MW of gross power generation.

05 Dec 2017 2:48 PM

Company had earned a profit of Rs 272.07 crore in the same quarter of the previous financial year. (Representational Image)

Reliance Power Q2 profit flat at Rs 273 crore

Total income decreased to Rs 2,379.68 crore in the September quarter, from Rs 2,562.25 crore a year ago.

11 Nov 2017 2:12 PM

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Farrukh Dhondy

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