Page 2 - Reliance Power

Reliance Power, Reliance Infra: ADAG stocks on a roll. What's driving them?

Analysts attribute sudden interest in ADAG stocks to the anticipation of the company becoming more proactive and aggressive to prune its debt obligations

Reliance Power to raise Rs 1,325 cr from RInfra via preferential allotment

Reliance Infra stake to go up to 38% from 9%; more fund raising planned

Stocks to watch: Tata Motors, Bata India, SAIL, MMTC, Reliance Power

The board of MMTC has approved the debt restructuring scheme of the state-owned company which envisages settlement of dues out of the disinvestment proceeds of the Neelachal Ispat Nigam Limited (NINL)

Reliance Power to seek board nod to raise funds via equity issuance

Move follows Reliance Infra board approval of Rs 550 cr fund-raising plan on Sunday

BSE Smallcap index hits new high; HLE Glascoat zooms 108% in a month

In past one month, the BSE Smallcap index outperformed the market by surging 9 per cent, as compared to 4.7 per cent gain in the Midcap and 0.53 per cent risen in the benchmark Sensex.

Reliance Power, JERA to launch gas-fired project in Bangladesh

Reliance Power Limited ("Reliance Power") and JERA Co. Inc. ("JERA"), through their joint venture project company, are developing a new gas-fired power generation project in Bangladesh. The project company has achieved financial closure for the project with a group of lenders that includes Japan Bank for International Cooperation ("JBIC") & Asian Development Bank ("ADB") and all requisite conditions for availing drawdown under the loan agreements have been satisfied.

Reliance Power third quarter profit increases 6% to Rs 52 crore

The profit rise was mainly helped by higher revenues.

Reliance Power net profit jumps over two-folds to Rs 105.67 in Sept quarter

Reliance Power on Thursday posted an over two-fold rise in its consolidated net profit at Rs 105.67 crore in the September 2020 quarter, mainly due to higher revenues

RPower, JERA ink loan agreement with banks for Bangladesh's power plant

Reliance Power and JERA, through their project company, are developing a new 745 MW natural gas combined-cycle power project in Meghnaghat in Bangladesh

Reliance Power posts consolidated profit before tax of Rs 82.23 crore

In the year-ago same period, the company logged a profit of Rs 36.19 crore, a regulatory filing said

Reliance Power reports Rs 2 cr loss for June quarter; income at Rs 2,137 cr

Reliance Power on Thursday posted a consolidated net loss of Rs 1.88 crore for the quarter ended June 30, 2020. In the year-ago same period, the company logged a profit of Rs 36.19 crore, a regulatory filing said. Total income of the company fell to Rs 2,137.10 crore in the first quarter from Rs 2,163.39 crore in the year-ago period, it said. The consolidated net loss of the company in 2019-20 was Rs 4,255.37 crore. Total income was Rs 8,202.41 crore. The group is engaged in only one segment -- Generation of Power -- and hence, there is no separate reportable segment. The company said the group is confident of meeting its obligations by generating sufficient cash flows through time bound monetisation of gas-based power plant equipment and other assets of certain subsidiaries, as also realize the amount from ongoing regulatory or arbitration claims. Considering the dependence on these material uncertain events and realisation of assets, the group is confident that such cash flows

Tata Power to raise Rs 2,600 crore from Tata Sons via preferential issue

Tata Power board approves setting up of renewables InvIT

Anil Ambani planning to increase stake in Reliance Infra, Reliance Power

Ambani also informed shareholders that Reliance Power had refrained from availing a moratorium on its loans, calling the moratorium a 'financial penalty'

From thermal to solar units, China dominates India's power sector

Barring a few, all privately-owned thermal power units, roughly about 40,000 Mw, constructed over the past decade were built using Chinese equipment.

Anil Ambani-promoted RInfra's total default pegged at Rs 3,315 crore

In notes to its consolidated results for FY20, the list of debt on which it has defaulted, or has delayed payments, includes 33 different lenders and non-convertible debenture (NCD) series.

Reliance Power wins lawsuit challenging validity of arbitration award

The total dues payable by Kokos Jiang and Prestige Capital Holdings stands at 68 million dollars as on the day of judgement

RPower Q3 net profit declines 57% to Rs 49 cr, income down at Rs 1,898 cr

In the April-December 2019 period, the firm's consolidated net profit stood at Rs 130.66 cr, compared with Rs 451.30 cr in the year-ago period. Its consolidated net loss was Rs 2,951.82 cr in 2018-19.

Reliance Power plans Rs 4,000-cr capex to install FGD units across plants

As a part of its strategy to achieve clean green power, the company will focus on renewable energy projects like solar and wind

Merger schemes help RInfra, RPower over-ride accounting standards

BSR & Co and Pathak HD & Associates were the auditors to both RInfra and RPower, until 9th August, when BSR resigned as auditor for both the companies

Reliance Power, Japan's JERA to set up 750-Mw power plant in Bangladesh

RPower plans to use funds paid for the equipment for repayment of debt worth Rs 835 crore