Reliance Power signs documents with Varde Partners to raise debt of Rs 1000 crore

13 Oct 2022 Evaluate

Reliance Power (RPL) and its subsidiaries have signed definitive documents with Varde Partners to raise debt of about Rs 1000 crore. The transaction is subject to satisfaction of conditions precedent as identified in the definitive documents. The proceeds will be utilized to settle and discharge / restructure existing debts; thereby achieve debt resolution and enhance credit profile.

Reliance Power, a part of the Reliance Group, is India’s leading private sector power generation and coal resources company. The Company has one of the largest portfolio of power projects in the private sector, based on coal, gas, hydro and renewable energy.

Reliance Power Share Price

37.04 -1.94 (-4.98%)
13-Jan-2025 16:59 View Price Chart
Peers
Company Name CMP
NTPC 298.25
Tata Power 340.10
Power Grid Corp 287.55
Adani Power 450.15
Torrent Power 1311.15
View more..
© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.