Page 3 - Reliance Power

RPower, Japanese energy major JERA JV to build 750 MW plant in Bangladesh

Reliance Power will hold 51 per cent stake in the joint venture company, while JERA will hold 49 per cent stake, the company said in a statement

RPower inks pact with Japan's JERA to set up Bangladesh power project

Reliance Power said the transaction will result in a debt reduction of Rs 835 cr

Reliance Power net down 80% at Rs 36.21 cr in June qtr on lower revenues

The company had reported a consolidated net profit of Rs 187.48 crore in June quarter last year

Trouble for Anil Ambani: BSR resigns as RPower, RInfra's statutory auditor

Cites concerns raised in FY19 audit reports as reason

After RInfra, lenders to Reliance Power sign debt-resolution pact

The announcement comes a day after Reliance Infrastructure (RInfra) made a similar announcement

Anil Ambani group plans $3.2-bn asset sales to pare big debt

Ambani is waging a war on debt. He said on June 11 that his Reliance Group repaid Rs 350 billion in the past 14 months through asset disposals.

Reliance Power disagrees with CARE ratings on its subsidiary Sasan Power

Reliance Power said Sasan has always been regular on debt service without taking any support from its parent company

Anil Ambani's Reliance Power starts process to sell coal mines in Indonesia

RPower holds three coal concessions that are fully explored and are ready to produce coal.

No plan to sell Sasan power project: Reliance Power CEO K Rajagopal

K Rajagopal talks about the ongoing cases in several states

RPower posts March quarter loss after delay, RInfra defers result yet again

Auditors flag several concerns over Reliance Power's numbers, including method of depreciation, treatment of impairment, related part loans

In fresh letter, Reliance Power asks Sebi to ban Edelweiss from trading

Anil Ambani-led Reliance Power has asked the Sebi to immediately ban Edelweiss Group from the capital market, alleging "illegal and market disruptive activities" to cause a steep plunge in the company's share price. Reliance Group, last week, accused L&T Finance and Edelweiss Group entities of "illegal" and "motivated" actions in invoking the pledged shares of Anil Ambani group's three listed firms and selling them in open market causing a steep fall in share values. L&T Finance and Edelweiss Group have refuted the allegations and have counter-alleged that Reliance Group failed to make timely payments, which they said necessitated sale of pledged shares. Reliance Power, in a fresh letter to the Sebi dated February 11, also asked the markets regulator to declare all Edelweiss Group entities as not being "fit and proper" and impose a ban on each of them from the capital markets and related activities. It also asked the regulator to investigate the sale of Reliance Power shares ..

Reliance Power wants Sebi to ban Edelweiss from trading in stock markets

Alleges 'market abuse', in sequel to its shares getting hammered in stock markets

RPower to pay Rs 300 crore for Krishnapatnam UMPP to Andhra Pradesh

Delhi HC refuses RPower plea to stop bank guarantee invocation

Reliance Power wins $56-mn arbitration award in Indonesia coal mine dispute

The contractual dispute is in relation to issues faced over starting operations in three coal mining concessions in Indonesia that Reliance Power had acquired in 2010

Reliance Power unit wins $56 million arbitration award; shares up 0.74%

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

Reliance Power sells Tilaiya UMPP to Jharkhand for Rs 1.12 billion

Of the 16 planned & 4 awarded UMPPs, only two are functional now in India

Jharkhand SEB buys Reliance Power stake in Tilaiya UMPP for Rs 1.13 bn

Shares of Reliance Power were trading 1.95 per cent up at Rs 34 apiece on BSE

Result Analysis: Reliance Power

Despite a 110 per cent increase in revenues and a 22 per cent jump in net profit for the June 2012 quarter as compared to the previous year, the market has not been impressed with Reliance Power’s results. The stock continues to trade at the same level (Rs 93) as its previous close.

Anil Ambani's Reliance Power to achieve fuel security for Butibori units

R-Power's Butibori plant is a 600-megawatt plant comprising of two units

Delhi HC directs CIL to give full coal supply to R-Power for Butibori units

Firm says says while CIL was supplying to second unit of its plant, supply to first unit hadn't started despite Letter of Assurance from CIL's subsidiary