Diabytes
Reliance Power News
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The official Reliance Power and Reliance Infrastructure --Anil Ambani-owned Group companies -- come following reports of ED raids on 35 premises, 50 companies and over 25 persons, allegedly linked to money laundering case against Reliance Anil Ambani Group (RAAGA) Companies.
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At 11:02 am Reliance Power shares were trading at price Rs 32.98 apiece, higher by 5 percent from the previous closing price.
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Tata Motors, Suzlon, Sun Pharma, Reliance Power, Infosys and more --check why shares of these companies are trending today.
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SBI Caps will follow a fair and transparent process to ensure the resolution of VIPL's over Rs 2000 crore outstanding debt.
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The scrip of Reliance Communications slumped 12.12 percent, Reliance Capital tanked 10.21 percent and Reliance Infrastructure plummeted 9.16 percent on BSE.
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Reliance Power has signed an MoU with the Bangladesh government to develop 3,000 MW LNG project in Meghnaghat and 500 mmscfd LNG Terminal at Qutubdia Island in Bangladesh.
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It would be the first initial share sale by a major asset management company (AMC) in India though smaller rival UTI Mutual Fund's IPO plans have been in the works for a long time.
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Looking to exit the stalled 4,000 MW Krishnapatnam power project, Reliance Power has written to Andhra Pradesh government suggesting that it could be done on similar lines to that of Tilaiya UMPP, which was acquired by procurers from the company.
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The 50-share NSE Nifty recaptured the crucial 7,400-mark by bouncing 84.10 points or 1.14 percent to 7,435.10.
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The Supreme Court had scrapped allocations of 204 coal blocks in 2014.
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An accident tribunal has rapped the officials of Reliance Power-owned BSES Rajdhani Power Ltd for "blatant negligence" and failure to remove an iron pole which electrocuted a man, while directing the discom to pay Rs 23 lakh as compensation.
The company`s net profit for the quarter under review stood at Rs.344 crore from Rs.244 crore for the quarter ended June 30, 2014.
The Delhi High Court Tuesday sought the Centre's response on a plea by Reliance Power (RPower) and its subsidiary Sasan Power Ltd against the government's decision to cancel allocation of a coal block in Madhya Pradesh for the company's ultra mega power project there.
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Reliance Power Ltd and its wholly owned subsidiary Sasan Power Ltd on Thursday moved Delhi High Court against the Centre's decision to cancel allocation of a coal block in Madhya Pradesh for the company's power project there.
Two leading Indian power firms will build several plants in Bangladesh to produce up to 4,600 megawatts of electricity to ease the country`s prolonged power crisis, a senior official said on Saturday.
The company will use the equipment it had contracted for its Samalkot project in Andhra Pradesh for setting up the power plant in Bangladesh in three years from the date of signing power purchase agreement (PPA).
Anil Ambani Group firm Reliance Power and Adani Group are set to sign agreements to invest nearly USD 5 billion to set up two power plants in Bangladesh during Prime Minister Narendra Modi's visit here Saturday.
The government has asked Reliance Power to restrict production from its coal mines in Moher and Moher Amlohri Extension blocks - linked to its Sasan ultra mega power project (UMPP) - to 16 million tonnes per annum (MTPA) from the current 20 MTPA.
Reliance Power Tuesday reported a marginal 2.8 percent rise in consolidated net profit at Rs 276.47 crore for the quarter ended March 31, 2015.
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