Reliance Power

Company description

Reliance Power is a part of the Reliance Group, one of India’s largest business houses. The group operates across multiple sectors, including telecommunications, financial services, media and entertainment, infrastructure and energy. The energy sector companies include Reliance Infrastructure and Reliance Power. Reliance Power has been established to develop, construct and operate power projects both in India as well as internationally.

 

Company details

City:
Navi Mumbai
Address:
G Block, Ground Floor Dhirubhai Ambani Kowledge City
Twitter:

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • March 25, 2022

    San Miguel to build 900 MW gas-fired power plants

    San Miguel Corp. (SMC) is set to build two gas-fired power plants in Visayas for PHP60 billion (US$1.15 billion), including a 300 MW plant in Negros Occidental as the giant company shifts to green ene...

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  • December 16, 2021

    Reliance Industries complete acquisition of REC Group

    India headquartered multinational Reliance Industries, through its subsidiary Reliance New Energy Solar Limited, has completed the acquisition of Norway headquartered module manufacturer REC Group.&nb...

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  • November 08, 2021

    Reliance launches US$245m public offer for 25.9% shares in Sterling & Wilson Solar

    Reliance New Energy Solar Ltd, the new energy arm of Reliance Industries Ltd, has offered INR375 (US$5) per share to acquire up to 4.91 crore shares of Indian multinational EPC player Sterling and Wil...

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  • October 12, 2021

    Reliance enters agreement to acquire REC Group

    Reliance New Energy Solar, a unit of Indian conglomerate Reliance Industries Ltd, has entered into an agreement with China National Bluestar Group Co Ltd, an affiliate of ChemChina, to acqui...

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  • September 21, 2021

    Reliance Industries nears closing of REC Group acquisition from ChemChina

    Indian multinational conglomerate company Reliance Industries (RIL) is nearing closing the deal with China National Chemical Corporation (ChemChina) to acquire the Norwegian solar module man...

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  • August 05, 2020

    Reliance Power, JERA sign loan agreement for 745 MW gas-fired power generation project in Meghnaghat

    Reliance Power Limited and JERA Co., Inc., through their project company, are developing a new gas-fired power generation project in Bangladesh. The project company has now signed a loan agreement for...

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  • February 02, 2018

    Bangladesh and Indonesia sign MoU on US$2 billion 1400 MW gas project

    Indonesia’s state-owned diversified energy company PT Pertamina and Bangladesh Power Development Board (BPDB) have signed a memorandum of understanding (MoU) to develop an integrated gas project...

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  • December 13, 2017

    ADB underwrites Bangladesh power station for $583 million

    The Asian Development Bank’s (ADB) Board of Directors has approved debt financing and partial risk guarantees totaling US$583 million to develop the Reliance Bangladesh Liquified Natural Gas (LN...

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  • May 06, 2016

    Bangladesh approves 750 MW plant & FSRU based LNG terminal

    The Government of Bangladesh has recently announced that it has granted in-principle approval for the first phase of the 750 MW Liquefied Natural Gas (LNG) based power project and Floating Storage & R...

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  • November 18, 2015

    PSP Investments to acquire 49% stake in Reliance power distribution business in Mumbai

    Reliance Infrastructure Ltd. announced on Monday the signing of a nonbinding Term Sheet with the Public Sector Pension Investment Board (PSP Investments), one of the largest pension fund managers in C...

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