Page 8 - Reliance Power

RPower posts March quarter loss after delay, RInfra defers result yet again

Auditors flag several concerns over Reliance Power's numbers, including method of depreciation, treatment of impairment, related part loans

In fresh letter, Reliance Power asks Sebi to ban Edelweiss from trading

Anil Ambani-led Reliance Power has asked the Sebi to immediately ban Edelweiss Group from the capital market, alleging "illegal and market disruptive activities" to cause a steep plunge in the company's share price. Reliance Group, last week, accused L&T Finance and Edelweiss Group entities of "illegal" and "motivated" actions in invoking the pledged shares of Anil Ambani group's three listed firms and selling them in open market causing a steep fall in share values. L&T Finance and Edelweiss Group have refuted the allegations and have counter-alleged that Reliance Group failed to make timely payments, which they said necessitated sale of pledged shares. Reliance Power, in a fresh letter to the Sebi dated February 11, also asked the markets regulator to declare all Edelweiss Group entities as not being "fit and proper" and impose a ban on each of them from the capital markets and related activities. It also asked the regulator to investigate the sale of Reliance Power shares ..

Reliance Power wants Sebi to ban Edelweiss from trading in stock markets

Alleges 'market abuse', in sequel to its shares getting hammered in stock markets

RPower to pay Rs 300 crore for Krishnapatnam UMPP to Andhra Pradesh

Delhi HC refuses RPower plea to stop bank guarantee invocation

Reliance Power wins $56-mn arbitration award in Indonesia coal mine dispute

The contractual dispute is in relation to issues faced over starting operations in three coal mining concessions in Indonesia that Reliance Power had acquired in 2010

Reliance Power unit wins $56 million arbitration award; shares up 0.74%

Reliance Power said the arbitration related to a contractual dispute in the context of company's coal mines in Indonesia

Reliance Power sells Tilaiya UMPP to Jharkhand for Rs 1.12 billion

Of the 16 planned & 4 awarded UMPPs, only two are functional now in India

Jharkhand SEB buys Reliance Power stake in Tilaiya UMPP for Rs 1.13 bn

Shares of Reliance Power were trading 1.95 per cent up at Rs 34 apiece on BSE

Result Analysis: Reliance Power

Despite a 110 per cent increase in revenues and a 22 per cent jump in net profit for the June 2012 quarter as compared to the previous year, the market has not been impressed with Reliance Power’s results. The stock continues to trade at the same level (Rs 93) as its previous close.

Anil Ambani's Reliance Power to achieve fuel security for Butibori units

R-Power's Butibori plant is a 600-megawatt plant comprising of two units

Delhi HC directs CIL to give full coal supply to R-Power for Butibori units

Firm says says while CIL was supplying to second unit of its plant, supply to first unit hadn't started despite Letter of Assurance from CIL's subsidiary

Reliance Power Q3 net rises 2% to Rs 2.8 bn on fall in total expenses

Anil Ambani led Reliance Power (RPower) reported a marginal rise in net profit for the December quarter at Rs2.8Billion. The company's operating revenue declined 10%, profits were helped by a fall in total expenses, including depreciation. R Power reported a net profit of Rs2.8 Billion in the December quarter, 2% higher from Rs2.76 Billion in the corresponding quarter a year back. In the same period, the company's operating revenue declined 10% to Rs24.95 Billion. Total expenses dipped 16% at Rs22.35 Billion for the quarter under review. Decline in depreciation and amortization expenses helped bring down total expenses for the company. Sharing details on the company's operations, R Power in its release said, the Sasan Ultra mega power plant was operating at a plant load factor (PLF) of 95 percent, while PLF for its Buitbori plant was at 80 percent, Rosa at 73 percent. In its renewable energy portfolio, the Rajasthan solar plant was operating at a PLF of 19 percent, while its ...

RPower aims to attain financial closure for $1-bn Bangladesh unit in FY18

Reliance Power has signed an MoU with the Bangladesh to develop 3,000 MW LNG project

Reliance Power Q4 net jumps three-fold on lower tax expense at Rs 216 cr

Anil Ambani promoted Reliance Power Ltd reported a net profit of Rs.215.90 crore for the March 2017 ended quarter, significantly higher from Rs.61.55 crore reported in the same period a year back.The rise in net profit was on the back improved performance due to fall in total expenses. The company's total income rose 6% to Rs.2696.50 crore, from Rs.2548.94 crore. In the same period, the company total expenses fell 3% to Rs2311.1 crore from Rs.2372.12 crore reported a year back. The company's expenses were lower due to lower fuel and finance costs for the quarter.Earnings before interest, taxation, depreciation and ammortisation or Ebitda were at Rs.1066 crore for the March quarter.For the full financial year 2016-2017, the company reported a net profit of Rs1104 crore, up 23% and an Ebitda of Rs.4506 crore for the entire year.On the operational side, the company reported plant availability of 100% at its Rosa power plant and solar facility in Rajasthan. Availability at Sasan power ...

Reliance Power posts over three-fold jump in March quarter profit

Majorly helped by 40% fall in tax expenses during the period

Reliance Power signs deal worth $1 bn from Bangladesh Power Board

Agreements include a PPA and IA for the proposed integrated combined cycle power project

Tilaiya UMPP: Panel seeks fresh comments from PowerMin, others

The Coal Ministry had earlier issued a show-cause notice to Reliance Power

SC order takes away Rs 1,050 cr earnings from RPower's Sasan UMPP

Case was filed by states, regional load dispatch centre procuring power from Sasan UMPP

Reliance Power Q2 profit declines 6% to Rs 272 cr

Income from operations fell 11% to Rs 2,082 cr

Reliance Power logs 12% rise in net profit

The company's financial performance for the June ended quarter was above the Street expectations