Reliance Power has been assigned a rating A+ by ICRA for the purpose of issue of commercial paper. This rating indicates that the instrument has very strong degree of safety regarding timely payment of financial obligations. The instrument also carries the lowest credit risk.
Recently, the company commissioned another 300-MW unit under its Rosa project in Uttar Pradesh. After commissioning this unit company’s total capacity reached to 900 MW. The company aims to have a total installed capacity of 5,000 MW by December, 2012, including thermal, gas and renewable energy.
Reliance Power is a part of the Reliance Anil Dhirubhai Ambani Group and is established to develop, construct and operate power projects domestically and internationally.
