[ad_1] Anil Ambani-owned Reliance Power Ltd on Monday (January 20) announced the appointment of Neeraj Parakh as the company’s new Executive Director and Chief Executive Officer (CEO), effective from January 20, 2025. The appointment, which is for a three-year term, was made by the company’s Board of Directors. Company Value Change %Change “…we wish to […]
Reliance Power unit Samalkot Power settles $15.48 million loan default – CNBC TV18
[ad_1] Anil Ambani-run Reliance Power Ltd on Friday (December 6) said its subsidiary, Samalkot Power Ltd, has fully settled its outstanding interest of $15.48 million on a term loan with the Export-Import Bank of the United States. Company Value Change %Change “…we wish to inform that Samalkot Power Limited (Samalkot), a subsidiary of the company […]
Solar Energy Corporation lifts Reliance Power debarment notice – CNBC TV18
[ad_1] The Solar Energy Corporation of India Ltd (SECI) on Tuesday (December 3) announced the withdrawal of its debarment notice against Reliance Power Ltd and its subsidiary, Reliance NU BESS Ltd, effective immediately. Company Value Change %Change The initial notice, issued on November 6, 2024, barred the entities from participating in SECI’s future tenders for […]
Reliance Power and Infrastructure restructure boards, elevate four senior executives to leadership roles – CNBC TV18
[ad_1] Reliance Group companies, Reliance Power Ltd and Reliance Infrastructure Ltd, on Monday (November 18) have reconstituted their boards by elevating four senior officials of the companies to the board of directors. The newly appointed board members of Reliance Power include Ashok Pal, CFO, Reliance Power; Sachin Mohapatra, Whole Time Director and CEO, Sasan Power […]
Reliance Power subsidiary Rosa Power prepays ₹850 crore debt – CNBC TV18
[ad_1] Reliance Power Ltd subsidiary, Rosa Power, has prepaid ₹850 crore of its debt to Singapore-based lender Varde Partners. Following Reliance Power’s achievement of zero debt, Rosa Power is now on track to become debt-free. The company aims to settle its remaining debt in the next quarter, completing the process before the end of the […]