Tag: Reliance Power

Reliance Infrastructure pledges 1.5 crore more shares in Reliance Power

NEW DELHI: Reliance Infrastructure on Friday pledged 1.5 crore additional shares in Reliance Power. According to a regulatory filing by the company, the reason for encumberance was “invocation of pledge against non-convertible debentures (NCDs) issued by Reliance Infrastructure Ltd”. The filing showed that the fresh pledge was done on September 9 in favour of lDBI […]

Reliance Power disagrees with CARE ratings on its subsidiary Sasan Power

NEW DELHI: Reliance Power on Saturday said rating agency CARE has revised long-term and short-term ratings of its subsidiary Sasan Power on account of significant weakening in the financial risk profile of the parent firm. The rating agency has also cited continual uncertainty over the compensatory tariff implementation towards change in law during construction and […]

Back To Top