News

Anil Ambani Puts up Delhi Power Distribution Businesses for Sale

wirecableMay 26, 2020October 5, 2020

May 26, 2020October 5, 2020

Reliance Infrastructure has hired KPMG to find buyers for its 51% stake each in BSES Rajdhani Power Ltd. (BRPL) and BSES Yamuna Power Ltd. (BYPL), the people said on condition of anonymity. May 12, 2020 At least eight investors, including Caisse de dépôt et placement du Québec (CDPQ), Actis LLP......

News

Reliance Infrastructure to Sell 49 Percent in Power Arm

wirecableDecember 10, 2015July 6, 2021

December 10, 2015July 6, 2021

The deal includes the 500MW Dahanu power plant of Reliance Energy November 17, 2015 Anil Ambani-led Reliance Infrastructure (RInfra) plans to sell 49 percent of its power generation, transmission and distribution businesses related to its Mumbai operations to Public Sector Pension Investment Board (PSP Investments), one of the largest pension......

Rs. 10,000 crore transmission projects

wirecableJuly 19, 2013April 30, 2016

July 19, 2013April 30, 2016

June 6, 2013 A host of power companies are set to aggressively bid for Rs. 10,000 crore worth of transmission projects. Those in the fray include L&T, Reliance Infrastructure, Tata Power, Sterlite Grid, Isolux and Gammon, which are pitching for the over half-a-dozen transmission projects. However, private players fear that......

Adani group to bid for power transmission projects

wirecableJune 8, 2012September 13, 2012

June 8, 2012September 13, 2012

May 16, 2012 Adani Group is gearing up to bid for power transmission line development projects. Traditionally, state-run Power Grid Corporation of India has been the developer of inter-state transmission lines and private companies would be contractors to them. But with the government opening up the sector to private developers,......

Tata Power to invest Rs 1,000 crore to lay Cables in Mumbai

wirecableSeptember 13, 2011September 15, 2011

September 13, 2011September 15, 2011

27 August, 2011 The country’s largest private power generation company Tata Power plans to invest around Rs 1,000 crore over the next three years for laying its own cable network in the metropolis for distributing power, a senior company official has said. “We will be investing around Rs 1,000 crore......