Reliance Power's Samalkot Project recasts Rs2,430cr loan from US- EXIM

Also, the company is in advanced stages of development of the Bangladesh project and relocating Samalkot modules to Bangladesh, the filing added.

Jul 11, 2019 08:07 IST India Infoline News Service

Reliance Power
Reliance Power Limited, a part of the Reliance Group, has said in the press note that Samalkot Project successfully has recast at Rs2,430cr (around $347mn) loan from US-Exim.

Also, the company is in advanced stages of development of Bangladesh project and relocating Samalkot modules to Bangladesh, the filing added.

Reliance Power Ltd is currently trading at Rs4.31 up by Rs0.32 or 8.02% from its previous closing of Rs3.99 on the BSE.

The scrip opened at Rs4.05 and has touched a high and low of Rs4.49 and Rs4 respectively. So far 2,25,86,170 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs1,119.25cr.

The BSE group 'A' stock of face value Rs10 has touched a 52 week high of Rs39.25 on 03-Sep-2018 and a 52-week low of Rs3.95 on 25-Jun-2019. Last one week high and low of the scrip stood at Rs4.41 and Rs3.96 respectively.

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