Reliance Power to eye value accretive growth opportunities - Bhaskar Live

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Tuesday, June 23, 2020

Reliance Power to eye value accretive growth opportunities

Reliance Power Chairman Anil Ambani on Tuesday said that the company’s focus will be on value accretive growth opportunities while remaining financially conservative and capital light.
“R-Power’s focus will be on value accretive growth opportunities while remaining financially conservative and capital light — O&M services for power plants, MDO services for coal mines and recently launched commercial coal mining opportunities,” Ambani said at the 24th Annual General Meeting of the company.
He also said that the company is committed to cleaner and greener power and is undertaking capital expenditure of Rs 3,300 crore to install Flue-gas desulfurization (FGD) in its coal based plants.
Ambani said Reliance Power’s renewable projects operated with 98 per cent availability and delivered robust operating performance

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