Reliance Power has informed about a Press Release dated June 22, 2016 titled ‘Reliance Power had Terminated Power Purchase Agreement for Tilaiya UMPP in April 2015, i.e. Nearly 14 Months Ago, due to Prolonged Failure of the Procurers to Perform Development Period Obligations in respect of Land for the Power Plant and Coal Mine For more than 5 1/2 Years’.
The above information is a part of company’s filings submitted to BSE.