Page 2 - Reliance Energy
RIL's green energy biz taking shape, may contribute 10% of EBITDA in 5 yrs
The oil-to-retail conglomerate announced a wave of partnerships with REC, NexWafe, Sterling and Wilson, Stiesal and Ambri for total costs of $1.2 billion.
 "RIL's green energy biz taking shape, may contribute 10% of EBITDA in 5 yrs")
Energy to retail: Reliance is India's reply to Exxon, AT&T, Amazon combined
Billionaire Mukesh Ambani's Reliance Industries is India's answer to US giants Exxon, AT&T and Amazon - all rolled into one, Bernstein Research said on Tuesday. "Reliance has disrupted the energy and telecoms industry in India and is on the cusp of doing the same to retail, fintech, and media," it said in a report adding the company has an enviable track record of innovation and execution. For the oil-to-telecom conglomerate, energy remains core business and is expected to further expand as India is forecast to be the fastest-growing market for fuel and chemical products over the next decade, it said adding the company's partnership with BP of the UK and Saudi Aramco will support this. Reliance owns the world's largest single-site oil refining complex and has multiple petrochemical plants. Three years back it forayed into telecom business and has reached 34 per cent share of market revenue. "Based on the current net add run-rates it will likely reach 44 per cent share by the end ..
 "Energy to retail: Reliance is India's reply to Exxon, AT&T, Amazon combined")
Reliance Energy detects hi-tech power thefts case
Electricity was being stolen through disabling of power meter with the help of remote control device
 "Reliance Energy detects hi-tech power thefts case")
