Reliance Industries and its partner BP Exploration (Alpha) Ltd (BPEAL) are set to conduct an e-auction on April 3.
There is a projection of double-digit growth in power consumption in the upcoming months.
The plant occupies 20 acres of land.
In conversation with Sheetal Agarwal of IIFL, the Founder of the company outlines his growth strategy, macro opportunities and fund-raising plans.
Import of coal needed to meet peak power demand.
On the sectoral front, Nifty Metal rallied 2%.
This move is aimed at ensuring ample availability of power in the DAY AHEAD MARKET.
Green bonds may be issued by the company to repay existing debt of Rs 2800 crore.
Power demand peaks in April-June period.
The PPA includes a capacity split of 170 MW solar and 340 MW wind power.