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Reliance Power got undue benefit of Rs 29,033 crore: CAG

Flaying post-bid concessions to Reliance Power, the CAG on Friday said the Anil Ambani-led firm got undue benefit of Rs 29,033 crore when the government allowed use of surplus coal from blocks allo

RPower net profit up 22% at Rs 240 cr

Reliance Power on Tuesday posted 22 per cent jump in net profit at Rs 240 crore for the April-June quarter, helped by its solar power business in Rajasthan and thermal unit in Uttar Pradesh.

The comp

Reliance Power could lose $55 mln bank guarantee in tariff dispute

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Reliance Power risks losing a 3 billion-rupee bank guarantee after a court said distribution companies could seek damages from Reliance over a delayed $3.2 billion power project in the southern state

ADB to fund Reliance Power's 100 MW solar plant in Rajasthan

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To help boost private investment in renewable energy, multilateral lending agency ADB on Tuesday announced USD 103 million loan to Reliance Power for setting up a 100-MW solar plant in Jaisalmer distr

French group Areva to build big Indian solar power plant for Reliance

The French energy group Areva said on Wednesday that it would build the biggest concentrated solar power installation in Asia for Reliance Power of India.

Areva Solar is to construct two plants using

Reliance Power says it gets court stay on Andhra project

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Reliance Power on Wednesday said it has obtained an order from the Delhi High Court restraining any 'coercive steps' against its 4,000 MW-power project in Andhra Pradesh.

The Economic Times newspaper

Reliance Power quarterly net profit rises 42 per cent

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Reliance Power Ltd. on Monday posted an increase of 42 per cent in consolidated net profit at Rs.203.87 crore for the quarter ended Dec 31 against Rs.143.61 crore during the like period of the previou

Top Reliance Power official shot in Jharkhand

Unidentified assailants on Wednesday shot dead a senior official of Reliance Power Limited (RPL) and injured the company's vice-president in Jharkhand's Chatra district, police said.

"Manoj Ojha, dep

Reliance Power gets 5 hydel projects in Himachal

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Corporate giants like Reliance Power and Tata Power-SN Power joint venture have been allotted hydropower projects in Himachal Pradesh, official sources said here on Friday. However, other companies like Larsen and Toubro (L&T), Essar Power, Moser Baer and GVK Energy did not get any project.

RNRL-Reliance Power merger gets shareholders' nod

Two Anil Ambani group companies, Reliance Power and Reliance Natural Resources, on Monday said their respective shareholders have approved merger between the two entities, estimated to create a Rs 50,

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