Reliance Power signs partnership agreement with JERA

03 Sep 2019 Evaluate

Reliance Power has signed a partnership agreement with JERA, one of the largest power utilities of Japan, for jointly setting up 750 MW gas based combined cycle power project (Phase-1) at Meghnaghat, Bangladesh. Reliance Power will hold 51% stake, while JERA will hold 49% stake in the joint venture company.

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.

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