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Reliance Power recasts Rs 2,430 crore loan for Samalkot project

12 Jul 2019 Evaluate

Reliance Power’s Rs 2,430-crore loan for its Samalkot project has been restructured and its maturity has been extended to June 2022. The company is in advance stages of development of Bangladesh project and relocating Samalkot modules in Andhra Pradesh to Bangladesh.

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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