Industrialist Anil Ambani on Tuesday said that his group firm Reliance Power is poised to become the country’s largest private sector power generation and coal mining company in the next five years, and the company has ...

First Solar, the world’s largest solar company by market value, said it will supply 100 MW of solar modules to Reliance Power in what it called the biggest supply deal in the fast-growing market. Because of ...

Industrialist Anil Ambani will lead the Indian side of the India-China CEOs forum, which would focus on boosting the economic and commercial ties between the two neighbours, sources said. Prime Minister Manmohan Singh has cleared the names ...

Anil Ambani Group firm Reliance Power (R-Power) has sought the approval of shareholders to raise funds through sale of up to 25 percent shares to institutional investors for funding projects. It has also sought the nod ...

Private sector power generation company, Reliance Power (RPower) has reported a net profit of Rs 196 crore for the first quarter of 2010-11, a modest increase from Rs 195 crore in the corresponding year-ago period. The ...

Anil Ambani-led Reliance Power has started the process of arranging funds for its 4,000 Mw ultra mega power project at Tilaiya in Jharkhand. Reliance Power has received in-principle approval from the RBI for raising external commercial ...

Anil Ambani Group firm Reliance Power’s (R-Power) 4,000-Mw Krishnapatnam ultra-mega power project (UMPP) is facing roadblocks due to various reasons, including a recent change in Indonesian law which mandates all parties to sell coal at market ...

Hit by a massive sell-off in stocks of various group companies, Reliance Anil Dhirubhai Ambani Group today said it is a victim of a bear cartel that has caused a market value loss of over Rs ...

In what is being seen as one of the largest foreign investments in Indonesia, Reliance Power will infuse $5 billion (around Rs 22,000 crore) in two projects-one each in South Sumatra and Jambi provinces. The investment ...

Anil Ambani controlled Reliance Power will save about Rs 6,500 crore in interest costs on funding its Sasan power project, as it has tied up fresh offshore loans from Chinese banks on low interest rates. The estimated ...