Addressing RPower's 22nd Annual General Meeting, he said it will double the capacity of its Rosa and Butibori power plants to 2400 MW and 1200 MW respectively.
Analysts expect generation of 10.5 billion units during the quarter against 11 billion units in preceding quarter. They expect plant load factor at more than 95 percent for Sasan facility, around 50 percent for Rosa unit (against 83 percent Q-o-Q) and 77 percent for Butibori plant (against 71 percent Q-o-Q) in Q3.
Sasan ultra mega power projects in Madhya Pradesh generated 7,922 million units, operating at availability of 90 percent, says the Anil Dhirubhai Ambani Group company in its filing, adding Rosa Power plant in UP generated 2,187 million units operating at a plant load factor of 83 percent.
The company had posted a net profit of Rs 267.22 crore in the corresponding period of the last financial year, Reliance Power said in a statement. Total income rose to Rs 1,827 crore for the period under review from Rs 1,484 crore in the same period last fiscal.
Reliance Power which reported a 57%, YoY growth in its September quarter revenues has said that its Rosa plant in Uttar Pradesh, which generated 65% more units, YoY will continue to perform well even in the ensuing quarter.