RPower to raise over Rs 20,000 cr

Anil Dhirubhai Group Company Reliance Power plans to raise over Rs 20,000 crore in the current fiscal year to finance projects, including the 4,000-MW Krishnapatnam ultra mega power project.

Anil Dhirubhai Group Company Reliance Power plans to raise over Rs 20,000 crore in the current fiscal year to finance projects, including the 4,000-MW Krishnapatnam ultra mega power project, Chairman Anil Ambani said on Tuesday.

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“We will continue to focus on identifying and participating in bids (to develop more projects)," he said, adding, "We are seeking to advance the commissioning of the Sasan project by almost three-years.”