Private Equity Other Private Equity/Strategic Investments
RPower in talks with global investors to pare external debt by 79% to INR 300-Cr
The Anil Dhirubhai Ambani Group promoted Reliance Power has initiated talks with a clutch of international investors to reduce its external debt by 79% to INR 300 crore, from INR 1,400 crore. If the deal goes through, the investors will either take over the debt for an equity stake or refinance the debt at a lower rate.