Reliance Power Reports Positive Q3 FY11 Earning with Rosa Power Plant Firing 105 percent PLF

February 19, 2011 by · 1 Comment
Filed under: Energy, Finance, People, Technology 

Reliance Power, the largest private sector power company of India, reported consolidated net profit up 7.5% at Rs 144 crore for Q3, FY11, compared to Rs 134 crore in Q3, FY10. The consolidated other income was Rs 103 crore vs Rs 179 crore YoY.

“Rosa I has stablised and operating at 105% PLF. The company plans to add three new capacities in the next fiscal year. We achieved financial closure on Sasan project last year. And the company is going for refinancing of projects with cheaper foreign debt.” said JP Chalasani, CEO Reliance Power. Read more