SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Reliance Power’s Samalkot plant to be ready for electricity generation this fiscal

07 Feb 2012 Evaluate

Reliance Power, the Anil Ambani group company’s 2,400-MW Samalkot plant in Andhra Pradesh is likely to be ready for electricity generation this fiscal. It will install six gas turbines at the plant having a combined capacity of about 1,450 MW.

The Ministry of Power had recommended a gas allocation of 9.6 mmscmd per day for the plant, which will be country’s largest gas-based plant worth Rs 10,000 crore. The project is located near the prolific KG natural gas basin and will contribute to reduce deficit in the power-starved southern region.

The company aims to add around 6% capacity to the southern region grid through Samalkot project. Besides turbines from General Electric, other equipment has been supplied by various vendors including Belgium’s Hamon, China’s Xian Electric and South Korea’s Hyundai. Reliance Power anticipates to have a capacity of 5,000 MW by December this year against 900 MW.

Reliance Power Share Price

26.66 -0.20 (-0.74%)
18-Jun-2026 16:01 View Price Chart
Peers
Company Name CMP
NTPC 362.00
Tata Power 402.80
Power Grid Corp 288.60
Adani Power 230.90
Torrent Power 1448.70
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: