Reliance Power completes transfer of wind project to JSW Energy, stocks dip – EQ
In Short : “Reliance Power finalizes the transfer of a wind project to JSW Energy, resulting in a dip in stocks as the market reacts to the transaction, reflecting investor sentiment towards the company’s strategic moves.” In Detail : At 10 am, Reliance Power was down, trading at Rs 26. JSW Energy also saw […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
Reliance Power posts Rs 49 cr loss for September quarter – EQ Mag Pro
New Delhi: Reliance Power NSE -4.82 % on Wednesday reported a consolidated net loss of Rs 49.05 crore for September quarter 2021 mainly due to lower revenues. The company logged a profit of Rs 105.67 crore in the same quarter a year ago, a BSE filing said. Total income stood at Rs 1,886.82 crore in […]
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 […]
