Sasan

Government has approved the request of Reliance Power to mortgage coal blocks attached to Sasan UMPP to lenders of the plant.

Sasan UMPP: SC refuses to stay APTEL's order on dues recovery

The Supreme Court today refused to stay an order of the Appellate Tribunal for Electricity that allowed Reliance Power-promoted Sasan Ultra Mega Power Project (UMPP) to recover Rs 1,050 crore dues from procurer states and Tata Power Distribution Company.

Reliance Power Q3 profit seen up 36% to Rs 345 cr: Poll

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.

Govt asks Reliance Power to restrict Sasan coal output

The government last month had taken away one of the the three coal blocks allocated to Reliance Power's Sasan project in Madhya Pradesh. The Supreme Court had scrapped allocations of 204 coal blocks last year.

Govt cancels Chhatrasal coal block linked to Sasan UMPP

The government today decided to de-allocate the Chhatrasal coal block in Madhya Pradesh that supplied coal to Reliance Power's Sasan ultra mega power project (UMPP).

PAC raises questions on UMPP allocation process

PAC has raised concerns with regard to the appointment of the bid process management consultant. The report adds that EY was unduly favoured as the said consultant, when Icra was the lowest bidder.

Reliance Power starts boiler for sixth unit at Sasan UMPP

Reliance Power Friday said the boiler for its sixth and last unit at the 3,960 MW Sasan Ultra Mega Power Project in Madhya Pradesh has started functioning.

ADAG to enhance investment in MP

ADAG Chairman Anil Ambani informed that the 4000 MW Sasan's UMPP set up at an investment of Rs 30,000 crore will be completed soon and the group plans to invest an additional Rs 15,000 crore in the project, sources said.

CBI may close its enquiry in Sasan project, Rel Power up 3%

Shares of Reliance Power were buzzing in trade today. Sources told CNBC-TV18 that the CBI is likely to close its preliminary enquiry to probe coal block allocation in Reliance Power‘s Sasan project.

Reliance Group welcomes CBI probe into Radia tapes

Reacting to the Supreme Court asking the CBI to probe alleged favours granted to corporate houses, as brought out in the Radia tapes, the Reliance Group said it was never allocated any iron ore mines and it was not even in that business.

Power tariff at Rs 1.30/unit for 7 states: Rel Power

With the 3960 MW Sasan Ultra Mega Power Project (UMPP) now generating power, JP Chalasani, CEO, Reliance Power, says the tariff at which the company will be selling to seven states (Madhya Pradesh, Punjab, Uttar Pradesh, Delhi, Haryana, Rajasthan and Uttarakhand) is significantly lower at Rs 1.30 per unit.

Rosa Plant to continue with robust performance: RPower

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's Sasan plant connected to national grid

Reliance Power today said its 4,000 MW Sasan ultra mega power project in Madhya Pradesh has been connected to the national grid.

No plans to merge RPower with RInfra: Anil Ambani

Billionaire Anil Ambani today addressed the shareholders at the annual general meeting of Reliance Power.

Coal production starts from 2 mines allotted to Sasan UMPP

Reliance Power today announced that coal production has started from two mines allotted to the company's Sasan Ultra Mega Power Project in Madhya Pradesh and the same would touch 20 million tonnes in the next four years.

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.

Reliance Power got undue benefit of Rs 29,033 cr: CAG

Flaying post-bid concessions to Reliance Power, the CAG today said the Anil Ambani-led firm got undue benefit of Rs 29,033 crore when the government allowed use of surplus coal from blocks alloted to Sasan power plant for its other projects.

RPower ties up $1.1bn Chinese loans for Sasan project

Reliance Power has tied up loans of USD 1.1 billion (over Rs 6,000 crore) from three Chinese lenders for its upcoming 3,960 MW Sasan ultra mega power project in Madhya Pradesh.

GoM gives conditional green nod to Chhatrasal, Mahan mines

A ministerial panel is believed to have recommended conditional approval to start production from Chhatrasal and Mahan coal mines in Madhya Pradesh.

EGoM allowed us to use excess coal after Sasan need: RPower

Even as the empowered group of ministers (EGoM) headed by Finance Minister Pranab Mukherjee ask for the Attorney General's advice on allowing Reliance Power to use excess coal from the Sasan UMPP, RPower's CEO, JP Chalasani tells CNBC-TV18 that the company is well within the legal purview.

Ramky Infrastructure gets Rs 1,006 crore worth orders

Ramky Infrastructure has received orders worth Rs 1,006 crore across buildings, industrial, water and waste water, road and power sectors from various states in India.