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.
A total of 33 power units, including Rosa and Mundra Adani, having a capacity of 9,671 MW have entered into modified fuel supply agreement (FSA) with Coal India (CIL), Parliament was informed.
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.
Reliance Power today posted a two per cent rise in net profit to Rs 240 crore for the quarter ended September, aided by increase in capacity addition.
In an interview with CNBC-TV18, JP Chalasani, CEO, of Reliance Power said that the unit is ready for power generation and is likely to increase its volumes by one and half times its generation capacity in April.
JP Chalasani, chief executive officer of Reliance Power said, the plant load factor (PLF) of its Rosa power was 76% and it generated one billion units in this quarter.
Anil Ambani Group firm Reliance Power has sought the approval of shareholders to raise funds through sale of up to 25% shares to institutional investors for funding projects.