Reliance Power

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Reliance Power - Total results - 99
Reliance Power Q1 net profit rises 41% to Rs 344 cr on higher electricity sale
Business

Reliance Power Q1 net profit rises 41% to Rs 344 cr on higher electricity sale

Reliance Power on Tuesday reported 41 per cent jump in consolidated net profit at Rs 344.34 crore in the quarter ended 30 June, 2015 on the back to higher sales of electricity.

Adani, Reliance to build Bangladesh power plants to ease crisis
Business

Adani, Reliance to build Bangladesh power plants to ease crisis

Adani Power and Reliance Power signed separate memorandums of understanding with state-run Bangladesh Power Development Board on Saturday, as Prime Minister Narendra Modi began a two-day state visit.

Land row or power tariff tussle? Fight between Jharkhand govt and RPower gets uglier
Business

Land row or power tariff tussle? Fight between Jharkhand govt and RPower gets uglier

Even as Jharkhand Chief Secretary Rajiv Gauba said on Wednesday that land could not be the reason for Reliance Group's exit from the Tilaiya power project, company sources said just 17 percent of the required 2,500 acres was transferred and physical possession was also elusive.

Tilaiya pull-out snowballs: Was Reliance Power arm-twisting Jharkhand govt to raise tariff?
Business

Tilaiya pull-out snowballs: Was Reliance Power arm-twisting Jharkhand govt to raise tariff?

Looks like NTPC is readying to bail out the state government and also cash in on the controversy

Land acquisition delays: Reliance Power terminates 3960 MW Tilaiya project
Business

Land acquisition delays: Reliance Power terminates 3960 MW Tilaiya project

According to an analyst with a leading brokerage house, the move is a big positive for the company

PM Modi seeks innovation in renewable energy sector to make it affordable
Economy

PM Modi seeks innovation in renewable energy sector to make it affordable

The prime minister asserted that India's stress on renewable energy is not aimed at "impressing the world, but to meet our own people's energy requirements".

Reliance Power inks pact with Rajasthan govt to set up 6,000 MW solar park
Business

Reliance Power inks pact with Rajasthan govt to set up 6,000 MW solar park

An MoU in this regard was signed by state Chief Minister Vasundhara Raje and chairman of Reliance Power Anil Ambani in Jaipur today.

Shell, GDF to take 26% stake each in GAIL LNG terminal
Business

Shell, GDF to take 26% stake each in GAIL LNG terminal

Shell had in 2013 announced plans to build a floating LNG terminal of up to 5 million tonnes per annum capacity off Kakinada coast in a joint venture with Anil Ambani-led Reliance Group's Reliance Power.

Four UMPPs not awarded to developers yet: Goyal
Economy

Four UMPPs not awarded to developers yet: Goyal

Final bids for the Cheyyur UMPP in Tamil Nadu and Bedabahal UMPP in Odisha are due on 22 December and 7 January, respectively.

Exit Reliance Power, enter JSW Energy: Sajjan Jindal acquires 3 of Jaypee's power projects
Economy

Exit Reliance Power, enter JSW Energy: Sajjan Jindal acquires 3 of Jaypee's power projects

JSW Energy will acquire three power plants- the Bina, Bapsa and Karcham projects-- from the Jaypee group

Third time lucky? Jaypee Group inks pact to sell three power plants to JSW Energy
Economy

Third time lucky? Jaypee Group inks pact to sell three power plants to JSW Energy

JPVL and Reliance Power had earlier been in talks for two months before calling off the deal.<br />

 JSW Energy may make its grand entry as RPower calls off Rs 12000-cr deal with Jaypee Group
Corporate

JSW Energy may make its grand entry as RPower calls off Rs 12000-cr deal with Jaypee Group

Reliance Power's talks to acquire Jaiprakash Power Ventures' three hydro power projects have been called off following lack of clarity over capacity of the Karcham Wangtoo project. In July, Reliance Power signed an initial agreement to acquire all the three hydroelectric power plants of JPVL for around Rs 12000 crore, in what would have been one of the largest deals in India's power sector.<br />

JPVL calls off talks with Reliance, hydropower deal collapses
Corporate

JPVL calls off talks with Reliance, hydropower deal collapses

Jaiprakash Power Ventures Ltd said on Wednesday a deal to sell its entire hydropower business to Anil Ambani's Reliance Power Ltd has collapsed.

Coal verdict: Metal stocks plunge post SC order, JSPL and GMR Infra biggest losers
Corporate

Coal verdict: Metal stocks plunge post SC order, JSPL and GMR Infra biggest losers

Of the 218 coal blocks in question, only four are exempted, including allocations to NTPC and SAIL.

Tribunal stays MERC order allowing high end customers in Mumbai to shift to Tata Power
Corporate

Tribunal stays MERC order allowing high end customers in Mumbai to shift to Tata Power

Appellate tribunal stays Maharashtra Electricity Regulatory Commission's order removing restrictions for consumers with monthly consumption of above 300 units in Mumbai to shift to Tata Power<br />

Reliance Power commissions 5th unit of Sasan mega power project
Corporate

Reliance Power commissions 5th unit of Sasan mega power project

After the completion of the fifth unit of Sasan, Reliance Power's generation capacity has increased to 5,185 MW

Adani Power has ambitious plans but here's why it gave up on Jaypee hydel projects
Corporate

Adani Power has ambitious plans but here's why it gave up on Jaypee hydel projects

The company is planning for a 5,000MW push in the power sector with the hopes of having 20,000 MW generation capacity by 2020.

Why Jaypee power- Reliance Power deal heralds consolidation in hydel space
Corporate

Why Jaypee power- Reliance Power deal heralds consolidation in hydel space

While in the private sector space, Anil Ambani-led Reliance Power has agreed to buy out Delhi-based Jaypee Group's entire hydel business in a deal estimated at Rs 12,000 crore, in the public sector space, the NDA government is exploring the option of merging all state-owned hydroelectric companies in order to reduce its dependence on coal, which is already in short supply domestically and needs to be imported to meet India's fuel needs.<br />

With Jaiprakash Power deal, Reliance Power could become India's top hydel co
Corporate

With Jaiprakash Power deal, Reliance Power could become India's top hydel co

Anil Ambani group firm Reliance Power has pipped Adani Power's Rs 11700 crore offer to buy the entire hydro power portfolio of Jaiprakash Power for an estimated ?15,000 crore after Abu Dhabi National Energy Company (Taqa) pulled out out of the Rs 10,500-crore deal on Thursday.<br />