Reliance Power

Reliance Power

Reliance Power, Jubilant Foodworks, Reliance Industries, Tata Communications, Voltas, IRB Infrastructure

Reliance Power, Jubilant Foodworks, Reliance Industries, Tata Communications, Voltas, IRB Infrastructure

Reliance Power, Jubilant Foodworks, IRB Infrastructure, Voltas, Tata Communications

Reliance Power, Jubilant Foodworks, IRB Infrastructure, Voltas, Tata Communications

Reliance Power

Reliance Power

Reliance Power gains after good Q1 figures

Reliance Power rose 1.36% at Rs 93.50 at 13:45 IST on BSE after the consolidated net profit rose 22% to Rs 240 crore on 110% surge in operating revenues to Rs 1136 crore in Q1 June 2012 over Q1 June 2011. The result was announced during trading hours today, 14 August 2012. Meanwhile, the BSE Sensex was up 81.51 points, or 0.46%, to 17,714.96. On BSE, 10.15 lakh shares were traded in the counter as against an average daily volume of 13.17 lakh shares in the past one quarter.

Reliance Power

 Reliance Power

Reliance Power - Buy

 Reliance Power - Buy 

Reliance Power

 Reliance Power

Reliance Power

Reliance Power

Reliance Power - Buy

Reliance Power - Buy

Reliance Power

Reliance Power

Reliance Power - Buy

Reliance Power - Buy

Reliance Power stock up on getting US funding

Shares of Reliance Power surged this week to 52-week high of Rs 191 after the ADAG company announced a US$5 bn (nearly Rs 220bn) funding from the US Export Import Bank for executing about 9,000 MW of gas-based and renewable energy projects. RPower chairman Anil Ambani and the US Ex-Im Bank president Fred Hochberg signed a memorandum of understanding (MoU) during the visit of US President Barack Obama. The agreement would make available long-term dollar loans in the next three years. RPower also said that it was procuring equipment worth about Rs 100bn from General Electric (GE) and other US companies for its power and coal mining projects.

ICICI Bank, Reliance Power, Reliance Infrastructure, BPCL, Bank of India, ABB, Grasim Industries, Bharat Electronics, Jubilant Foodworks, IOB, DB Corp

ICICI Bank, Reliance Power, Reliance Infrastructure, BPCL, Bank of India, ABB, Grasim Industries, Bharat Electronics, Jubilant Foodworks, IOB, DB Corp, BGR Energy Systems, JK Bank, Jagran Prakashan, Indiainfoline, GVK Power and Infrastructure, India Technology, PSL

ICICI Bank, BPCL, Reliance Power, ONGC, HCC, HDIL, Tulip Telecom, DLF, Orient Paper Industries

ICICI Bank, BPCL, Reliance Power, ONGC, HCC, HDIL, Tulip Telecom, DLF, Orient Paper Industries

Thermax, Reliance Power, State Bank of India, Media Sector

Thermax, Reliance Power, State Bank of India, Media Sector

RelPower achieves financial closure for Krishnapatnam UMPP

Reliance Power Ltd., part of the Anil Dhirubhai Ambani Group (ADAG), achieved financial closure for its Krishnapatnam ultra-mega power project (UMPP) in Andhra Pradesh. Reliance Power said that the estimated cost of the project is Rs175bn. IDBI Bank was the lead arranger of the Rs131.25bn debt with Power Finance Corp acting as joint lead arranger. A consortium of over 15 banks and financial institutions are participating in the financing arrangements. The 4,000 MW coal-fired project is being financed in 75:25 debt-equity ratio, Reliance Power said. The project will supply power at a competitive levelised tariff of Rs2.33 per kilo-Watt-hour (or unit) to the four states - Andhra Pradesh (1,600 MW), Maharashtra (800 MW), Tamil Nadu (800 MW) and Karnataka (800 MW). "With the financial closure for the Krishnapatnam UMPP, we have completed the financing arrangements for two UMPPs awarded to us by the Government and have secured funding for a capacity of 10,000 MW," CEO JP Chalasani said. The company had earlier achieved financial closure of Sasan UMPP. Reliance Power has also bagged UMPP at Tilaiya. Under current Government regulation it cannot bid for another UMPP before completing work on at least one of these projects. The Chitrangi power project in Madhya Pradesh will be fourth 4,000 MW project for Reliance Power, but it does not have a UMPP status.

Reliance Power - Target price 107

Reliance Power - Target price 107

Reliance Power - RNRL Merger Implications

Reliance Power - RNRL Merger Implications

Oil India, Reliance Power, India Automobiles, India Energy, India Economy

Oil India, Reliance Power, India Automobiles, India Energy, India Economy