Project News Details
Title
Reliance Power arm Rosa Power prepays Rs 485 cr debt, becomes zero-debt firm
Detail
Reliance Power's subsidiary, Rosa Power Supply Company, has cleared its debt by prepaying Rs 485 crore to Varde Partners. This follows a previous prepayment of Rs 833 crore, making Rosa Power debt-free. This move, along with a recent equity infusion, strengthens Reliance Power's position to pursue opportunities in the green energy sector.
Country
India
Source
ET Energy World
Regions
Asia SAARC Countries South Asia
Sectors
Railways-Rail-Railroad Construction Computer Hardwares and Consumables
Published Date
06.11.2024
Original Url
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