Company Background - Reliance Power

The company was incorporated on 17th January 1995 as Bawana Power Pvt Ltd and Subsequently; the company name was changed to Reliance Delhi Power Pvt Ltd. In January 2004, the company name was changed to Reliance EGen Pvt Ltd and further company name was changed to Reliance Energy Generation Pvt Ltd. In July 2007, the company name was changed to Reliance Power Ltd.

The company was part of the Reliance ADA group and established to develop, construct and operate power projects domestically and internationally. The prevailing and expected electricity demand and supply imbalance in India presents significant opportunities in the power generation sector. To capitalize on this opportunity, the company has currently developing 13 medium and large sized power projects with a combined planned installed capacity of 28,200 MW, one of the largest portfolios of power generation assets under development in India.

The companies 13 power projects are planned to be diverse in geographic location, fuel type, fuel source and off-take, and each project is planned to be strategically located near an available fuel supply or load center. The identified project sites are located in western India (12,220 MW), northern India (9,080 MW) northeastern India (2,900 MW) and southern India (4,000 MW). They include seven coal-fired projects (14,620 MW) to be fueled by reserves from captive mines and supplies from India and abroad, two gas-fired projects (10,280 MW) to be fueled primarily by reserves from the Krishna Godavari Basin (the "KG Basin") off the east coast of India, and four hydroelectric projects (3,300 MW), three of them in Arunachal Pradesh and one in Uttarakhand. The company has intend to sell the power generated by these projects under a combination of long-term and short-term Power Purchase Agreements to state-owned and private distribution companies and industrial consumers.


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