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Reliance Power

https://www.reliancepower.co.in/solar-power-projects
Last activity: 19.09.2024
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Categories: EnergyTechEnvironmentalGovTechGrowthMarketSecurityTechnologyWaterTech
Rajasthan Sun Technique Energy Private Ltd, a fully owned subsidiary of Reliance Power Ltd, is constructing a 100MW Concentrated Solar Power plant in the State of Rajasthan in India, approximately 26km from the nearest major town of Pokaran. The project location is ideal for solar power due to its extended periods of cloudless days and the area has the highest level of direct sun radiation in India.
This project has been awarded under Phase I (650MW) of the National Solar Mission, an initiative of the Government of India and State Governments to promote ecologically sustainable growth while addressing India’s energy security challenges. BIO’s funds will be used for a part of the project cost. The project site provides access to road network, to water for the steamcycle and cooling and to a transmission line for power evacuation.
100% of the electricity will be sold under a 25 years PPA to the regional subsidiary of the largest power generating company in India (85% publicly owned).
Know-how and technology transfer: introduction of advanced concentrated solar power and operation on a large scale
Market structuring effects: Rajasthan is one of the poorest states of India
Provision of solar energy through the project
Clean energy technology: positive environmental effects
Energy efficiency: Closed water cycle between steam generator & steam turbine
Mentions
34
Location: India, Maharashtra, Mumbai

Investors 1

Mentions in press and media 34

DateTitleDescription
19.09.2024Reliance Power's Strategic Move: Settling Debts and Strengthening Future ProspectsIn the fast-paced world of finance, clarity often emerges from chaos. Reliance Power has recently navigated through a significant financial storm, settling its obligations as a guarantor for Vidarbha Industries Power Ltd (VIPL). This strate...
19.09.2024Reliance Power Settles Rs 38.72 bn Guarantor Dues for Vidarbha Industries India, US to promote sustainable aviation fuel and hydrogen in buses Tuticorin Airport upgradation set for December completion...POWER & RENEWABLE ENERGY Reliance Power Settles Rs 38.72 bn Guarantor Dues for Vidarbha Industries 19 Sep 2024 2 Min Read CW Team Reliance Power announced that it has settled guarantor obligations amounting to Rs 38.72 billion for its s...
18.09.2024Reliance Power says obligations as guarantor on behalf of Vidarbha Industries fully settledReliance Power Ltd said its obligations as a guarantor on behalf of Vidarbha Industries Power Ltd (VIPL) stand fully settled, resulting in the release and discharge of corporate guarantees, undertakings and all obligations and claims in rel...
28.08.2024Reliance Power, Finance Shares Drop hBits Seeks SEBI License for Small and Medium REITs JSW Neo Energy Wins 200 MW Wind-Solar Hybrid Project Chatterjee Group Seeks Partnership with Indian Oil Firms fo...ECONOMY & POLICY Reliance Power, Finance Shares Drop 28 Aug 2024 2 Min Read CW Team Shares of Reliance Power and Reliance Home Finance hit their lower circuit limits, signaling a sharp decline in investor confidence. This sudden drop in...
21.08.2024Adani Power to Acquire Reliance Power's Butibori Plant for Rs.30 Bn Centralised Terminal Hubs Planned in Katra, Tirupati, Varanasi, Nagpur Central Government Approves Thane Metro Project Central Gover...POWER & RENEWABLE ENERGY Adani Power to Acquire Reliance Power's Butibori Plant for Rs.30 Bn 21 Aug 2024 2 Min Read CW Team Adani Power has finalised a deal to acquire Reliance Power's Butibori plant for Rs.30 billion, marking a signifi...
31.07.2024IIMA Ventures launches accelerator programme for aspiring investorsETtech IIMA Ventures, formerly IIMA-CIIE, on Wednesday, announced the launch of Venture Investing Accelerator to help novice investors. IIMA Ventures said the programme is designed to equip professionals with the skills, knowledge and exper...
11.06.2024Reliance Power Achieves Debt-Free Status on Standalone Basis JK Tyre, EKA Mobility tie-up to provide mobility solutions New Holland launches indigenously produced 100+HP TREM-IV tractor Vijay Arisetty...POWER & RENEWABLE ENERGY Reliance Power Achieves Debt-Free Status on Standalone Basis 11 Jun 2024 2 Min Read CW Team Reliance Power has announced a milestone achievement, becoming debt-free on a standalone basis. This development is a s...
02.06.2024India's power usage rises 15% to 156.31 bn units in May due to extreme heat-
31.05.2024'India runs power plants flat out to keep cool in heatwave, election'-
30.05.2024Power demand hits record 250 Gw, coal, gas driving bulk of supply-
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