Reliance Power is aiming at inorganic growth through acquisition of stressed thermal coal-based projects. The company will continue to look at opportunities that will bring value and are growth accretive with strong, stable and conservative financial profile. Besides acquisition, the company is also eyeing at opportunities in the operation and maintenance (O&M) services for stressed power projects which are under the review petition of the resolution.
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.