Page 4 - Reliance Power

Reliance Power Q3 net rises 2% to Rs 2.8 bn on fall in total expenses

Anil Ambani led Reliance Power (RPower) reported a marginal rise in net profit for the December quarter at Rs2.8Billion. The company's operating revenue declined 10%, profits were helped by a fall in total expenses, including depreciation. R Power reported a net profit of Rs2.8 Billion in the December quarter, 2% higher from Rs2.76 Billion in the corresponding quarter a year back. In the same period, the company's operating revenue declined 10% to Rs24.95 Billion. Total expenses dipped 16% at Rs22.35 Billion for the quarter under review. Decline in depreciation and amortization expenses helped bring down total expenses for the company. Sharing details on the company's operations, R Power in its release said, the Sasan Ultra mega power plant was operating at a plant load factor (PLF) of 95 percent, while PLF for its Buitbori plant was at 80 percent, Rosa at 73 percent. In its renewable energy portfolio, the Rajasthan solar plant was operating at a PLF of 19 percent, while its ...

RPower aims to attain financial closure for $1-bn Bangladesh unit in FY18

Reliance Power has signed an MoU with the Bangladesh to develop 3,000 MW LNG project

Reliance Power Q4 net jumps three-fold on lower tax expense at Rs 216 cr

Anil Ambani promoted Reliance Power Ltd reported a net profit of Rs.215.90 crore for the March 2017 ended quarter, significantly higher from Rs.61.55 crore reported in the same period a year back.The rise in net profit was on the back improved performance due to fall in total expenses. The company's total income rose 6% to Rs.2696.50 crore, from Rs.2548.94 crore. In the same period, the company total expenses fell 3% to Rs2311.1 crore from Rs.2372.12 crore reported a year back. The company's expenses were lower due to lower fuel and finance costs for the quarter.Earnings before interest, taxation, depreciation and ammortisation or Ebitda were at Rs.1066 crore for the March quarter.For the full financial year 2016-2017, the company reported a net profit of Rs1104 crore, up 23% and an Ebitda of Rs.4506 crore for the entire year.On the operational side, the company reported plant availability of 100% at its Rosa power plant and solar facility in Rajasthan. Availability at Sasan power ...

Reliance Power posts over three-fold jump in March quarter profit

Majorly helped by 40% fall in tax expenses during the period

Reliance Power signs deal worth $1 bn from Bangladesh Power Board

Agreements include a PPA and IA for the proposed integrated combined cycle power project

Tilaiya UMPP: Panel seeks fresh comments from PowerMin, others

The Coal Ministry had earlier issued a show-cause notice to Reliance Power

SC order takes away Rs 1,050 cr earnings from RPower's Sasan UMPP

Case was filed by states, regional load dispatch centre procuring power from Sasan UMPP

Reliance Power Q2 profit declines 6% to Rs 272 cr

Income from operations fell 11% to Rs 2,082 cr

Reliance Power logs 12% rise in net profit

The company's financial performance for the June ended quarter was above the Street expectations

Reliance Power Q1 net up 12.5% at Rs 340 cr

A company official said that the rise in profit was recorded in the first quarter due to higher power generation and better utilisation of plants

Reliance Power eyes Rs 714 cr from Tilaiya procurers

Formalities with 18 procurers in 10 states at final stage; company hopes to achieve closure very soon

Reliance Power Q4 net up 16% at Rs 320 cr

Total income increased from Rs 7,202 cr for year ended March 31, 2015 to Rs 11,038.50 cr for year ended March 31, 2016

Bangladesh govt approves RPower's gas power plant

This is the largest FDI in Bangladesh with a potential investment of over $1.3 bn

RPower's Sasan plant achieves 100% Plant Load Factor in April

According to the statement, this is best-in-class performance among the large-size power stations in the Indian Power Sector

Rs 1,000-cr booster for R-Power after tribunal order

Quashing a 3-year-old order, APTEL provides breather to Sasan Ultra Mega Power Project

Reliance Sasan UMPP to get compensation for water charges & coal cess

The change in input prices were ruled under 'change of law' and the CERC held that the power generator needs to be paid for same