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Anil Ambani Puts up Delhi Power Distribution Businesses for Sale

wirecableMay 13, 2020May 13, 2020

May 13, 2020May 13, 2020

Reliance Infrastructure has hired KPMG to find buyers for its 51% stake each in BSES Rajdhani Power Ltd (BRPL) and BSES Yamuna Power Ltd (BYPL), the people said on condition of anonymity. May 12, 2020 At least eight investors, including Caisse de dépôt et placement du Québec (CDPQ), Actis LLP......

News

Reliance Infrastructure to Sell 49 Percent in Power Arm

wirecableDecember 10, 2015July 6, 2021

December 10, 2015July 6, 2021

The deal includes the 500MW Dahanu power plant of Reliance Energy November 17, 2015 Anil Ambani-led Reliance Infrastructure (RInfra) plans to sell 49 percent of its power generation, transmission and distribution businesses related to its Mumbai operations to Public Sector Pension Investment Board (PSP Investments), one of the largest pension......

Advisory panel suggests transnational power network

wirecableJuly 19, 2013April 30, 2016

July 19, 2013April 30, 2016

June 3, 2013 In an ambitious move, a high-level advisory panel on power sector has suggested setting up a transnational electricity transmission network that will connect India with various fuel resource rich nations including Iran and Tajikistan. The network, as mooted by the panel, could see the Indian power grid......

R-Power hits 900-MW capacity in UP

wirecableJanuary 19, 2012January 27, 2012

January 19, 2012January 27, 2012

29 December, 2011 Reliance Power (R-Power) reached a power generation level of 900 MW at its Rosa power plant in Shahjahanpur district of Uttar Pradesh. The Anil Ambani-controlled company formally commissioned its 300-MW second-phase unit, three months ahead of schedule. The first phase of the project comprising two units of......