Other Deals

RPower to sell Samalkot project equipment for Rs.1,500-Cr

Business Line  

Anil Ambani-led Reliance Power is expected to realise INR 1,500 crore by selling equipment lying at its struggling Samalkot project to a similar project in Bangladesh. The company has received requisite permission and the export will be completed by July-end. The proceeds from sale will bring down US-Exim debt by about INR 1,500 crore.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.