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Reliance Power settles obligations worth Rs 3,872 crore, achieves debt-free status; shares hit upper circuit
Reliance Power's obligations as a guarantor on behalf of Vidarbha Industries Power have been fully settled, resulting in the release of all obligations related to the debt of Rs 3,872.04 crore.
Reliance Power shares hit 5% upper circuit on 500 MW battery storage contract win
Reliance Power shares surged 5% after securing a 500 MW battery storage contract through SECI's e-reverse auction. This marks a significant entry into the renewable energy and storage sector for Reliance Power,
Good news for Anil Ambani as Reliance Power becomes…, shares jump…
In a major relief to Anil Ambani, as his company Reliance Power settles Rs 3872 crore loan; and became 'zero debt’ status firm. Shares jumped by 5% after the announcement was made.
Reliance Power wins 500 MW SECI battery storage contract, shares surge by 5%
Reliance Power has secured a 500 MW Battery Energy Storage System (BESS) project through SECI’s competitive auction. Following the announcement, the company's shares surged by 5%, trading at ₹31.32.
Reliance Power makes foray into renewable energy, bags battery storage tender
The overall contract involves setting up 1,000 MW/2,000 MWh of standalone BESS units, awarded on a build, own, and operate (BOO) basis, designed for "on-demand" usage under a tariff-based competitive bidding process.
Reliance Power secures 500 MW/1000 MWh battery storage contract
Reliance Power secures 500 MW/1000 MWh BESS project through SECI auction, driving competition and efficiency in renewable energy sector.
ET Now on MSN
8h
Reliance Power Fundraise: Anil Ambani's company to take big decision on September 23 - Details
Reliance Power Ltd has updated about its next Board meeting for a fundraise. Reliance Power has settled all disputes with CFM ...
15h
on MSN
After Reliance Infra, Reliance Power set to raise long-term funds
Reliance Power's board is set to meet on Monday to consider raising of long-term funds from domestic and/or global markets ...
cnbctv18
4d
Reliance Power board meet on Sept 23 to consider long-term fund raise
Get the latest Business News, Live Share & Stock Market Updates, Top News from India and across world. Read Top Business News ...
Mint
13d
Reliance Power share are down by -1.69%, Nifty up by 0.1%
The FII holding has decreased from 7.89% in march to 7.59% in june quarter.
Reliance
Power
share
price down -1.69% today to trade at ₹29.67 while its peers are mixed. Its peers such as ...
Energy Central
3d
Reliance Power settles Rs 3,872 crore in obligations, achieves debt-free tag
Shares of Reliance Power Ltd surged by 5 percent on Wednesday (Sept. 18) after the company announced that it had fully ...
2d
Italy power costs stay sky high despite clean energy push
Electricity prices in Italy are the highest among major European economies, due to an enduring reliance on fossil fuels for ...
4d
Adani Group’s bid to buy Reliance Power’s plant near Mumbai gets a fresh boost
Reliance Power's resolution of a loan dispute clears the path for Adani Group to acquire the Butibori thermal power plant, ...
The Financial Express
3d
R-Power becomes debt free, Infra recasts debt; shares spike
Reliance
Power
has zero debt now on a standalone basis. As of June 2024, it had a consolidated net debt of Rs 17,812 ...
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