Reliance Power Financial Recovery
Sector: Solar • Location: Madhya Pradesh, India
Source: Times Now
Reliance Power, owned by Anil Ambani, reported a net profit of Rs 419.5 crore for Q3 2024, achieving zero bank debt status. This marks a significant turnaround from a loss of Rs 1,136.75 crore in the same quarter of 2023. The company also secured a major solar plus battery energy storage project, enhancing its position in the renewable energy sector.
- Status
- Closed
- Sector
- Solar, Energy Storage, Power Generation (CCGT)
- Location
- Madhya Pradesh, India
- Updated
- 22 Jul 2026
- Source
- Times Now
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Project Information
Participants
| Not available for this record. |
Status
Original status | Completed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Reliance Power, owned by Anil Ambani, reported a net profit of Rs 419.5 crore for Q3 2024, achieving zero bank debt status. This marks a significant turnaround from a loss of Rs 1,136.75 crore in the same quarter of 2023. The company also secured a major solar plus battery energy storage project, enhancing its position in the renewable energy sector. |
Original sector | Energy |
Budget |
Location
Country | India |
State | Madhya Pradesh |
Source
Source | Times Now |
URL |
More Details
Record type | Project |
Sector | Solar, Energy Storage, Power Generation (CCGT) |
Article published date | 2025-02-14 |
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