Reliance Power Ltd
Reliance Power Ltd Company History
Reliance Power is primarily engaged in the business of generation of power. The projects include coal, gas, hydro, wind and solar based energy projects.
2008
Reliance Power will offer 260 million shares through the IPO or 10.1 per cent of the company's capital. The company aims to raise between Rs 105 billion and 115 billion ($2.6 billion to $2.9 billion) through the offering, which will be open for subscription from January 15 to January 18, investment bankers said. The shares will be offered in the Rs 405 to Rs 450 price band.
Reliance Power Ltd has informed that the Company has appointed Shri. J P Chalasani, former Whole-time Director (Business Development) of Reliance Energy Ltd as CEO of the Company.
The Company has issued Bonus Shares in the Ratio of 3:5.
2008
2010
Export-Import Bank of the US (Ex-Im) gave its preliminary approval to finance Reliance Power's 4,000-MW project in Sasan, Madhya Pradesh.
ADAG firm Reliance Power on May 28 acquired 433 MW of power generation assets from Group company Reliance Infrastructure for Rs 1,095 crore in order to bring the entire power generation portfolio under one roof.
Anil Dhirubhai Ambani Group Company, Reliance Power will target to put on track the 4,000-MW Chitrangi power project in Madhya Pradesh by October 2010.
Reliance Power - Award of 30,000 MW BTG contract for coal based power plants
Reliance Power- Award of Letter of Intent (LOI) by NTPC Vidhyut Vyapar Nigam Limited
Reliance Power - RNRL merger with RPower to take effect
Reliance Coal Resources Ltd, has entered into Share Purchase Agreements to acquire the entire share capital of two coal companies in Indonesia.
Reliance Power - Reliance Powered 4,000 MW Krishnapatnam UMPP achieves financial closure.
Reliance Power, Anil Ambani Group firm, has awarded a Rs 10,000 crore equipment order to
GE Energy India.
2010
2011
Madhya Pradesh Government asked Reliance Power to signed PPA latest by July end.
Reliance Power - Reliance Powerered 3,960 MW Krishnapatnam Ultra Mega Power Project
Reliance Power - Reliance Powerered 4,000 MW Sasan Power Project in Madhya Pradesh, gets approval for carbon credits
Anil Ambani's Reliance Power Ltd (RPower) announced its first ever operating revenue from power generating assets for the year 2010-11 which has pushed up company's profit by 11 percent to Rs. 760.4 crore.
Reliance Power project achieved 105% generation capacity
In order to fulfill the power requirement for the upcoming 100 mw solar power project of Reliance Power in Jaisalmer Rajasthan, the company is belived to sign the power purchase agreement with the state-owned NTPC.
A power purchase agreement has been signed by Reliance Power with NTPC Vidyut Vyapar Nigam for a 100-Mw solar thermal power project in the Bikaner region in Rajasthan.
2011
2012
Europe's largest oil company, Royal Dutch Shell has joined hands with India's Reliance Power (RPower) to jointly develop a liquefied natural gas (LNG) import terminal off the coast of Kakinada in Andhra Pradesh by 2014.
Reliance Power signed MoU with Ming Yang Holdings Singapore, a subsidiary of China Ming Yang Wind Power Group Limited to boost power operations in India, overseas.
Reliance Power - Reliance Power entered into a Strategic Partnership with China Datang
Anil Dhirubhai Ambani-led Reliance Power Ltd said that rating agency ICRA Ltd has provided the company with a revised rating to (ICRA) A1 for its Rs 1000 crore commercial paper program.
2012
2013
Reliance Power - Reliance Power started Power Generation from the second unit of its 600MW Butibori Thermal Power Plant in Maharashtra.
2013
2014
"Reliance Power signs exclusive Memorandum of Understanding to acquire 100% of entire Hydro Power Portfolio of Jaiprakash Power Ventures".
Reliance has informed board that "Boiler Lightup achieved for Third 660 MW unit of 3,960 MW Sasan Ultra Mega Power Plant".
2014
2015
Reliance Power Ltd - The company's 3,960 MW Sasan thermal power plant has been fully commissioned
Reliance Power Signs MOU with Government of Bangladesh to Develop 3,000 MW of Power Capacity
2015
2016
Govt of Bangladesh Approves First Phase of Reliance PowerÂs Project
Sasan UMPP achieves 100% Plant Load Factor in April
Coal Min Grants Permission To Sasan UMPP To Produce Additional Coal
CERC Approves Change in Law Petition of Sasan UMPP
2016
2017
MoU with Petro Bangla
APTEL allows fuel cost pass-through for Butibori Plant
LNG Based Combined Cycle Power plant and LNG Terminal Project in Bangladesh.
2017
2018
Reliance Power Limited has won an arbitration award against North American Coal Corporation.
2018
2019
Reliance Power signs pact with JERA (Japan) to set up 750 MW power project in Bangladesh.
2019
2020
Reliance Power wins a Lawsuit in Indonesian Court challenging validity of Singapore Arbitration Award in its favour.
2020