Official Handle of Reliance Infrastructure Ltd., a part of the Reliance Group. Operating in Power Business Portfolio, Defence, Metro, Airports, EPC & Roads.
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Reliance Power reduced debt by nearly Rs. 3,100 crore in Financial Year 2020-21. Further, the company expects to reduce debt of nearly Rs. 3,200 in FY 2021-22 which will improve Debt: Equity ratio 1.80 : 1, among the lowest in the power sector: Anil Ambani at #RelianceAGMs2021
With this, Reliance Infrastructure and other promoters shareholding in the Company has gone up to 24.98% and would further increase to 38.24% post conversion of warrants: Anil Ambani at #RelianceAGMs2021
You are aware in July 2021, shareholders approved with over 94% votes in favour, the preferential issue of 59.50 crores Equity Shares of Rs.10 each & 73 Crores Warrants, convertible into equity shares of Rs. 10 each amounting to Rs. 1325 Crores: Anil Ambani at #RelianceAGMs2021
Development of Phase-1 (750 MW) of gas based power project near Dhaka in Bangladesh is on track. Our focus now is on the development of Phase-2 of 1500 MW, in line with the MOU signed for development of 3000 MW gas based Power project: Anil Ambani at #RelianceAGMs2021
Reiterating our commitment to cleaner and greener power by reducing emissions, RPower has planned capex of nearly Rs. 3,200 crore to install Flue Gas Desulfurization (FGD’s) in our coal based plants: Anil Ambani at #RelianceAGMs2021
During the year ending March-2021, Sasan Power plant achieved highest Plant Load Factor of 96% in the country. With annual coal production of 18.6 Million Metric Tonnes, Sasan coal mine is the largest private sector coal producer in the country: Anil Ambani at #RelianceAGMs2021
Reliance Power continues to be one of India's top 3 private power generation companies with operating portfolio of around 6000 MW: Anil Ambani at #RelianceAGMs2021
The demand for electricity, which contracted due to lockdown measures imposed to contain spread of COVID-19 pandemic, has nearly bounced back to normal levels: Anil Ambani at #RelianceAGMs2021
Regulatory logjam is evident from long pendency of number of petitions / appeals, which do not reach finality, even after 6 to 7 years of legal proceedings: Anil Ambani at #RelianceAGMs2021
India's Power Sector continues to face challenges of low capacity utilization of thermal plants; above targeted Aggregate Technical &Commercial(AT&C) losses; lower tariffs as compared to actual cost of supply & creation of huge Regulatory Assets: Anil Ambani at #RelianceAGMs2021
Reliance Power has ensured the availability of its power plants to generate power and honour commitments made under various Power Purchase Agreements, despite facing COVID-19 related lockdown challenges: Anil Ambani at #RelianceAGMs2021
During the last year, Reliance Infra has successfully completed 100% stake sale of Delhi Agra Toll Road to Cube Highways and Infrastructure III pvt Ltd for Rs 3600 Cr: Anil Ambani at #RelianceAGMs2021
During Last year, Reliance Infra has successfully completed entire 74% stake sale in Parbati Koldam Transmission Company Limited to India Grid Trust for Enterprise value of Rs 900 Cr: Anil Ambani at #RelianceAGMs2021
During last year, Reliance Infra has successfully completed the sale of the Commercial property at santacruz under a composite transaction for sale, buyback and lease of the said property: Anil Ambani at #RelianceAGMs2021
Reliance Infra’s new growth engines to be
Power distribution business as the new Electricity Act will be opening up plethora of opportunities;
New Contracts in EPC Business; and
Defence manufacturing business:
Anil Ambani at #RelianceAGMs2021