RELIANCE POWER HAD INVESTED 50,000 CRORES - NEWS

BUSINESS LINE OCTOBER 1,2014

SAYS ANIL AMBANI

     ·       THE RELIANCE POWER LIMITED (RPOWER) HAS INVESTED 50,000 CRORES IN ITS FIRST GROWTH PHASE SAYS ANIL AMBANI.
·       HE  ADDRESSED THE ANNUAL GENERAL MEETING ON TUESDAY.
·       THE COMPANY WILL PRODUCE 6,000 MW WHICH IS OPERATIONAL AT THE END OF THIS PHASE.
·       THE FULL BENIFIT OF THE PHASE WOULD BE REALIZED IN THE NEXT YEAR.
·       THE COMPANY WAS CONSERVATIVELY FINANCED AND ITS DEBT EQUITY RATIO WAS ONE OF THE LOWEST IN THE SECTOR.
·       FURTHER A NET WORTH OF 20,000 CRORES OFFERS A STRONG PLATFORM TO FINANCIAL FUTURE GROWTH.
·       GROWTS ARE CLEAN AND IT IS A GREEN POWER PROJECT.