Reliance Power Ltd - RELIANCE POWER Share Price

Summary

Reliance Power Limited, a part of the Reliance Anil Dhirubhai Ambani Group, is Indias leading private sector power generation and coal resources company. The projects under development include coal, gas, hydro, wind and solar-based energy projects. The companys operating portfolio includes Ultra Mega Power Projects (UMPPs) of 5945 MWs. The Company is primarily engaged in the business of generation of power. As on March 31, 2019, the Company had 44 subsidiaries. Reliance Power Ltd was incorporated on January 17, 1995 as a private limited company with the name of Bawana Power Pvt Ltd. In February 1, 1995, the name of the company was changed from Bawana Power Pvt Ltd to Reliance Delhi Power Pvt Ltd. During the year 2003-04, the company started 3740 MW Natural Gas based Combined Cycle Power Plant at Dadri.In February 17, 2004, the name of the company was changed from Reliance Delhi Power Pvt Ltd to Reliance EGen Pvt Ltd and in March 10 2004, the name of the company was further changed to Reliance Energy Generation Pvt Ltd. In March 19, 2004, the company was converted into a public limited company and name was changed to Reliance Energy Generation Ltd.During the year 2006-07, the company signed a joint communique with Govt of Orissa to set up a 12000 MW coal based pithead power project at Hirma in Dist Jharsuguda in Orissa. In November 2006, the company acquired 100% shareholding in Rosa Power Supply Company Ltd, which is implementing the 1,200 MW coal based power plant in Uttar... Read More