May 20, 2018 8:24 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Reliance Power Limited

Company Overview

Reliance Power Limited, together with its subsidiaries, engages in the generation of power in India. Its portfolio of power projects are based on coal, gas, hydro, wind, and solar energy. The company had an operating capacity of 5,945 megawatts. It owns and operates 1,200 MW Rosa thermal plant in Shahjahanpur, UttarPradesh; Sasan ultra mega power plant with capacity of 3,960 MW in Madhya Pradesh; and Butibori thermal plant with capacity of 600 MW in Maharashtra. It also develops and constructs coal mines in India and Indonesia. In addition, the company has interests in four coal bed methane blocks. Reliance Power Limited was incorporated in 1995 and is based in Navi Mumbai, India.

H Block

1st Floor

Dhirubhai Ambani Knowledge City

Navi Mumbai,  400710

India

Founded in 1995

Phone:

91 22 3303 1000

Fax:

91 22 3303 3662

Key Executives for Reliance Power Limited

Reliance Power Limited does not have any Key Executives recorded.

Reliance Power Limited Key Developments

Reliance Power Limited Reports Consolidated and Standalone Unaudited Earnings Results for the Fourth Quarter and Audited Earnings Results for the Full Year Ended March 31, 2018

Reliance Power Limited reported consolidated and standalone unaudited earnings results for the fourth quarter and audited earnings results for the full year ended March 31, 2018. For the quarter, on a consolidated basis, the company reported revenue from operations of INR 24,277.6 million compared to INR 24,664.9 million a year ago. Profit before exceptional items and tax was INR 1,724.1 million compared to INR 2,854.0 million a year ago. Profit before tax was INR 1,724.1 million compared to INR 2,854.0 million a year ago. Profit for the period was INR 2,504.7 million compared to INR 2,159.0 million a year ago. Basic and diluted earnings per share was INR 0.89 compared to INR 1 a year ago. For the full year, on a consolidated basis, the company reported revenue from operations of INR 98,398.2 million compared to INR 103,956.5 million a year ago. Profit before exceptional items and tax was INR 12,313.4 million compared to INR 14,254.2 million a year ago. Profit before tax was INR 12,313.4 million compared to INR 14,254.2 million a year ago. Profit for the period was INR 10,348.1 million compared to INR 11,041.6 million a year ago. Basic and diluted earnings per share were INR 3.69 compared to INR 3.94 a year ago. For the quarter, on a standalone basis, the company reported revenue from operations of INR 46.4 million compared to INR 57.8 million a year ago. Loss before exceptional items and tax was INR 632.0 million compared to INR 47.4 million a year ago. Loss before tax was INR 632.0 million compared to INR 47.4 million a year ago. Loss for the period was INR 641.0 million compared to INR 20.9 million a year ago. Basic and diluted loss per share was INR 0.23 compared to INR 0.01 a year ago. For the full year, on a standalone basis, the company reported revenue from operations of INR 442.7 million compared to INR 480.6 million a year ago. Profit before exceptional items and tax was INR 54.6 million compared to INR 710.6 million a year ago. Profit before tax was INR 54.6 million compared to INR 710.6 million a year ago. Profit for the period was INR 22.5 million compared to INR 642.6 million a year ago. Basic and diluted earnings per share was INR 0.01 compared to INR 0.23 a year ago.

Reliance Power Limited, Annual General Meeting, Apr 13, 2018

Reliance Power Limited, Annual General Meeting, Apr 13, 2018.

Reliance Power Limited Announces Management Changes

Reliance Power Limited announced appointment of Mr. K Raja Gopal as Chief Executive Officer of the company with effect from May 02, 2018 and whole time director with effect from July 1, 2018 in place of Shri N Venugopala Rao, who will superannuate from the services of the company from close of business hours of June 30, 2018. The company appointed Shri Shrenik Vaishnav as chief financial officer of the company with effect from May 2, 2018 in place of Shri N Venugopala Rao who will relinquish the office of CFO from close of business hours of May 1, 2018.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
February 28, 2018
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