Reliance Power to generate 2,640 MW more at Sasan plant in FY14

MUMBAI (Reuters) - Reliance Power Ltd will generate an additional 2,640 MW at its Sasan plant in Madhya Pradesh in this fiscal year, Chief Executive J.P. Chalasani told reporters on Monday.

The first 660 MW unit of the plant in Madhya Pradesh started operations in April.

The company, controlled by billionaire Anil Ambani, posted a bigger-than-expected 15 percent rise in quarterly net profit earlier on Monday.

(Reporting by Prashant Mehra; Writing by Matthias Williams; Editing by Prateek Chatterjee)