HomeNewsBusinessCompaniesRPower starts production at controversial Sasan mines

RPower starts production at controversial Sasan mines

Reliance Power Ltd, controlled by billionaire Anil Ambani, has commenced coal production at Sasan mines in Madhya Pradesh six months ahead of schedule, the company said on Monday.

September 04, 2012 / 08:25 IST
Story continues below Advertisement

Reliance Power Ltd, controlled by billionaire Anil Ambani, has commenced coal production at Sasan mines in Madhya Pradesh six months ahead of schedule, the company said on Monday.


Reliance Power is developing a 4,000 MW project at Sasan and was allotted three captive coal blocks to fuel the project, which was bid for at a fixed rate to supply power.
Last month, a state auditor said Reliance Power gained Rs 29000 crore in undue benefit from a government decision, allowing the power producer to use surplus coal from its captive block for another project it was not meant for.
first published: Sep 3, 2012 02:36 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!