Reliance Power to reduce US EXIM Bank debt of Rs 1500 Cr: Sources
Reliance Power is expected to reduce another burden of Rs 1500 Cr by July end. As per sources export of equipment from Reliance Power’s Samalkot project are underway and the transplant is expected to be completed by end of July 2021. The company has sold the Module 1 equipment to the gas-based project jointly being developed by it along with JERA of Japan in Bangladesh
As per sources aware of the development, the transplant of Module 1 equipment is currently underway and is expected to be completed by end of July 2021. Pic from Twitter of official handle