AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
INDIA'S RELIANCE ENERGY REPORTED TO BE MULLING IPO OF SUBSIDIARY.
MUMBAI, Oct 1 Asia Pulse - A subsidiary of Anil Ambani group company Reliance Energy (BSE:500390) may be looking at an option of an initial public offer of up to US$3 billion as part of resource mobilisation for setting up power plants.
The belief was generated from some international news report which could not be confirmed from Reliance Energy officials. Consequent to these reports, shares of Reliance Energy soared by 7.9 per cent to close at Rs 1,205.50 on the Bombay Stock Exchange.
When contacted, an REL spokesperson said, "as a matter of policy we would not like to comment on speculations."
REL is believed to be mulling projects totaling 20,000 MW, a move that could entail an investment of up to Rs 800 billion. The IPO is said to be of ...
- Reliance Power files DRHP with SEBI for IPO.
- News wire article from: PTI - The Press Trust of India Ltd. October 3, 2007 700+ words
Reliance Power files DRHP with SEBI for IPO...PTI) Anil Ambani Group firm Reliance Power today filed draft prospectus...according to a BSE filing by Reliance Energy, parent company of Reliance Power. The issue, which could raise...
- Reliance Energy Board approves IPO for subsidiary.
- News wire article from: PTI - The Press Trust of India Ltd. September 30, 2007 700+ words
Reliance Energy Board approves IPO...Ambani group firm Reliance Energy today announced its subsidiary Reliance Power will soon go public...approved a proposal by Reliance Power, a company promoted by Reliance Energy and Reliance ADAG...
- Reliance Power gets Krishnapatnam UMPP contract.
- News wire article from: PTI - The Press Trust of India Ltd. November 30, 2007 700+ words
...awarded the Letter of Intent to Reliance Power. "We will import 14-17 million...upon the quality available," Reliance Energy Director (Business Development...Energy, which holds 51 per cent in Reliance Power, were trading at Rs 1,738 each...
- Reliance Power to receive LoI for Krishnapatnam tomorrow.
- News wire article from: PTI - The Press Trust of India Ltd. November 26, 2007 700+ words
...official sources told PTI. Reliance Power quoted a price of Rs...each from the project. Reliance Power has filed the draft prospectus...public offer. Shares of Reliance Energy, which holds 51 per cent in Reliance Power, were trading at Rs...
- Reliance Power IPO awaiting SEBI nod: ADAG.
- News wire article from: PTI - The Press Trust of India Ltd. October 23, 2007 700+ words
...interests to stall Reliance Power IPO," a Reliance...of ADA Group". Reliance Power's IPO was awaiting...Anil Ambani-led Reliance Energy, today alleged that the planned IPO of Reliance Power will erode the value...
- Reliance Power to get LoI for Sasan tomorrow.
- News wire article from: PTI - The Press Trust of India Ltd. July 31, 2007 700+ words
Reliance Power to get LoI for Sasan tomorrow...issue the Letter of Intent to Reliance Power Ltd -- two days after the ADA...tomorrow," a PFC official said. Reliance Power, a subsidiary of Reliance Energy, outbid NTPC Ltd and Jaiprakash...
- PFC transfer Sasan ultra mega power plant to Reliance Power.
- News wire article from: PTI - The Press Trust of India Ltd. August 7, 2007 700+ words
...Anil Ambani group firm Reliance Power Ltd. The Sasan project...project was later awarded to Reliance Power, a subsidiary of Reliance Energy Ltd, after it matched...vehicle set up by PFC, Reliance Power can now start the process...
- PFC transfers Sasan project to Reliance Power.
- News wire article from: PTI - The Press Trust of India Ltd. August 7, 2007 700+ words
...transfers Sasan project to Reliance Power New Delhi, Aug 7 (PTI...Anil Ambani group firm Reliance Power Ltd. "This is the second...project was later awarded to Reliance Power, a subsidiary of Reliance Energy Ltd, after it matched...