Reliance Infra has reduced its standalone external debt, while Reliance Power Limited has settled all its debt. As of June 30, 2024, the net worth of Reliance Power Limited stands at R 11,155 crore on a consolidated basis.
Reliance Infrastructure has set a target to be a debt free company in 2021. Reliance Infrastructure is owned by Anil Ambani.
The company has also appointed retired Army officer Lt Gen Syed Ata Hasnain as an independent director on the board of the company, it said in a statement on Wednesday.
While the total deal value of the sale of Reliance Energy is Rs 13,251 crore, regulatory assets estimated at Rs 5,000 crore and net working capital on closing estimated at Rs 550 crore would also accrue to RInfra.
Adani Transmission is likely to clinch a deal of Rs 13,000-14,000 crore with Reliance Infrastructure to acquire the latter’s Mumbai power business much before the January 2018 deadline.
Mumbai: Several parts of south and central Mumbai faced massive power outages today after a unit of Tata Power's Trombay plant, which primarily supplies to the city, tripped.The power outage, which started at about 9.45
New Delhi, May 31: Reliance Infrastructure (RInfra) today said its Delhi Airport Metro Express has launched a 30-trip monthly pass for commuters that will make travel cheaper and minimise the waste on account of unused
New Delhi May 14: Reliance Infrastructure has reported a whopping 76 per cent jump in its net profit at Rs 726.12 crore for the quarter ended March 31, 2013.The company had posted a net profit
New Delhi, Dec 9: Delhi Metro today threatened take over of the Airport Metro Express corridor operated by Reliance Infrastructure if it fails to improve on train speed and frequency and reduce check-in time for
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