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Reliance Power divests entire holding in Jharkhand Integrated Power

17 May 2018 Evaluate

Reliance Power has transferred its entire holding of 1,49,900 Equity Shares of Rs 10 each, aggregating to Rs 14,99,000 held in Jharkhand Integrated Power, a Special Purpose Vehicle (SPV) created for development of Tilaiya UMPP, to Jharkhand Urja Vikas Nigam, the Lead Procurer, acting on behalf of Procurers of Tilaiya UMPP. The consideration received from this sale is Rs 112.64 crore

Reliance Power, a part of the Reliance Group, is India’s leading private sector power generation and coal resources company. The company has the largest portfolio of power projects in the private sector, based on coal, gas, hydro and renewable energy.


Peers
Company Name CMP
NTPC 317.00
Tata Power 345.00
Adani Power 196.60
Power Grid Corpn. 253.40
Adani Energy Solut. 1320.00
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