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Reliance Infrastructure, an Indian private sector power utility company and the Reliance ADA Group promote Reliance Power. The present CEO of Reliance Power is K. Raja Gopal since 2 May 2018. [3] The company was the sole distributor of electricity to consumers in the suburbs of Mumbai but in 2017 they sold Mumbai operation to Adani Power.
In September 2018, at a time of financial stress, R-Infra sold its power transmission business in Mumbai to Adani Electricity Mumbai Limited for ₹ 18,800 crore (equivalent to ₹ 250 billion or US$2.9 billion in 2023). [14] In October 2024, Reliance Infrastructure board has approved raising of $350 million (Rs 2,930 crore) through ultra-low ...
The Brand Trust Report ranked Reliance Industries as the 7th most trusted brand in India in 2013 and 9th in 2014. [135] [136] RIL was certified as 'Responsible Care Company' by the American Chemistry Council in March 2012. [137] RIL was ranked at 25th position across the world, on the basis of sales, in the ICIS Top 100 Chemicals Companies list ...
Reliance Group (stylized as ReLIΛNCe) is an Indian conglomerate, headquartered in Mumbai, India. The company, which was formed after Dhirubhai Ambani's business was divided up, is headed by his younger son Anil Ambani. [1] Reliance Group has five listed companies, Reliance Power, Reliance Infrastructure, Reliance Home Finance, and Reliance ...
The Dhirubhai Ambani Green Energy Giga Complex (also known as Jamnagar Green Energy Giga Complex) [1] [2] [3] is a mega project being developed by Reliance Industries in Jamnagar, Gujarat, India. This is a fully integrated renewable energy manufacturing complex that will build gigafactories for photovoltaic panels , energy storage , green ...
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After the open offer was completed, Reliance Infrastructure held 36.5% equity in Pipavav Shipyard and Anil Ambani was appointed as the chairman. [10] The company was renamed to Reliance Defence and Engineering on 3 March 2016 and again renamed to Reliance Naval and Engineering Limited on 6 September 2017. [11]
Reliance Communications would assume responsibility for instalments that MTS owed the government for spectrum purchases, amounting to ₹ 3.92 billion (equivalent to ₹ 5.6 billion or US$65 million in 2023) every year for 10 years. As a result of the deal, Reliance acquired MTS India's subscribers and SSTL's spectrum in the 850 MHz band. [15]