R-Infra’s generation assets transferred to R-Power
In move to bring all power generation assets of Anil Dhirubhai Ambani Group (ADAG) under one entitity generation assets of 433 Mw belonging to R-Infra were transferred to Reliance Power.
The Enterprise value of these assets has been valued at Rs. 1095 crore by the advisory firm KPMG, said press release issued by the Reliance Power. With the transfer of 433 Mw of generation assets, Reliance Power’s total generation portfolio has crossed 1,000 Mw mark as 600 Mw capacity at Reliance Power’s Rosa plant being already commissioned.
The assets of R-Infra which were transferred to Reliance Power include 220 Mw plantat Samalkot in Andhra Pradesh, 165 Mw at Kochi in Kerala and 48 Mw plant in goa and all plants are gasbased plants.
The press release also mentions, there is considerable scope for capacity expansion at all these sites, perhaps indication of both brothers reaching to the agreement on gas supply.



Leave your response!