Reliance Power receives letter of intent for power project in AP
Reliance Power has been awarded a letter of intent for the 4,000 MW imported-coal based ultra mega power project at Krishnapatnam in Andhra Pradesh, which will have an estimated capital outlay of Rs 20,000 crore.
By INDIATIMES NEWS NETWORK |
MUMBAI: Reliance Power has been awarded a letter of intent for the 4,000 MW imported-coal based ultra mega power project at Krishnapatnam in Andhra Pradesh, which will have an estimated capital outlay of Rs 20,000 crore.
This is in addition to the 4,000 MW domestic-coal based ultra mega power project at Sasan, Madhya Pradesh, involving capital outlay of about Rs 18,000 crore, which was awarded earlier this year to Reliance Power.
Reliance Power's estimated capital outlay for these two projects alone aggregates Rs 40,000 crore. In addition, Reliance Energy and its group companies are implementing several large infrastructure development projects in the areas of metro railways, roads, real estate, etc.
On BSE today, Reliance Energy shares ended up 4.47 per cent at Rs 1,738.10.
This is in addition to the 4,000 MW domestic-coal based ultra mega power project at Sasan, Madhya Pradesh, involving capital outlay of about Rs 18,000 crore, which was awarded earlier this year to Reliance Power.
Reliance Power's estimated capital outlay for these two projects alone aggregates Rs 40,000 crore. In addition, Reliance Energy and its group companies are implementing several large infrastructure development projects in the areas of metro railways, roads, real estate, etc.
On BSE today, Reliance Energy shares ended up 4.47 per cent at Rs 1,738.10.
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