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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 […]

IREDA reports 129 pc YoY growth in sanctions, 41 pc surge in disbursements for Q3 2024-25 – EQ