Reliance Power
Electricity, Oil & Gas · India · 1K - 5K Employees
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Overview
Headquarters
Reliance Centre 19 Walchand Hirachand Ma...Phone Number
+91 2243031000Website
www.reliancepower.co.inRevenue
$867.2 MillionStock Symbol
RPOWERIndustry
ZI Rank: 5
Signal Type
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ZI Rank
2
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About Reliance Power
Reliance Power Limited is a part of the Reliance Group, one of India’s largest business houses. The group operates across multiple sectors,including telecommunications, financial services, media and entertainment, infrastructure and energy. The energy sector companies include Reliance Infrastructure and Reliance Power. Reliance Power has been established to develop, construct and operate power projects both in India as well as internationally. The Company on its own and through its subsidiaries has a large portfolio of power generation capacity, both in operation as well as capacity under development.Explore more
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Reliance Power is experiencing very low activity levels compared to other companies in the Energy, Utilities & Waste sector.
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Reliance Power is drawing exceptional interest within the Energy, Utilities & Waste industry, suggesting notable developments or strong market momentum, learn more about Reliance Power.
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2024
Debt
$451M
Reliance Power Tech Stack
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Reliance Power News & Media
ED secures 3 more days' custody of Reliance Power CFO in fake guarantee case
Uniindia: New Delhi, Oct 13 (UNI) A court today granted the Enforcement Directorate (ED) three more days of custodial remand for Ashok Kumar Pal, the Chief Financial Officer of Reliance Power, in a money laundering case related to a fake loan guarantee of Rs 68 crore.Reliance Power CFO held; ED alleges role in forged bank guarantees linked to SECI tender
Enforcement Directorate arrested Reliance Power CFO Ashok Kumar Pal, labeling him a 'principal architect' of a money laundering scheme involving fake bank guarantees worth Rs. 68.20 crores. Pal allegedly orchestrated sham transactions and integrated forged documents into a tender process for Reliance NU BESS. The company stated it is a victim of fraud and has suspended Pal pending investigation.After CFO arrest, Reliance Power says it is victim of bank guarantee fraud - Fortune India
In another exchange filing, the company also submitted Pal’s response following his arrest. Pal stated that he was the original complainant in the related FIR, and has resigned from his positions at the company, due to the pendency of the investigation.PMLA case: ED arrests Reliance Power CFO - Daily Pioneer
The Enforcement Directorate (ED) has arrested the CFO of industrialist Anil Ambani’s group company, Reliance Power, in a money laundering case linked to the issuance of an alleged fake bank guarantee of `68 crore, official sources said on Saturday. The CFO, Ashok Pal, was taken into custody on
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Frequently Asked Questions Regarding Reliance Power
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Reliance Power Limited is a part of the Reliance Group, one of India’s largest business houses. The group operates across multiple sectors,including telecommunications, financial services, media and entertainment, infrastructure and energy. The energy sector companies include Reliance Infrastructure and Reliance Power. Reliance Power has been estab... Read More
