Sasan Power repays $150M debt, boosting Reliance Power’s financial health and shift towards renewable energy.

Sasan Power Limited, a subsidiary of Reliance Power Limited, repaid a $150 million debt to IIFCL, improving its financial health and credit rating. This move strengthens Reliance Power's balance sheet as it shifts focus to renewable energy. Sasan Power operates India's largest coal-based power plant, supplying electricity at the lowest tariff to seven states, benefiting over 400 million people. Reliance Power's net worth is set to exceed ₹15,000 crore.

3 months ago
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