Reliance Power Limited, a part of the Reliance Group, announced it has appointed Dr. Thomas Mathew as an Independent Director to the company’s Board of Director, effective from February 26, 2022. Dr. Thomas Mathew holds a bachelor’s degree in arts from the University of Delhi and a bachelor’s degree in law from Campus Law Centre-II,…
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Reliance Power, JERA sign loan agreement for the new power project in Bangladesh
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•Reliance Power Limited and JERA Co., through their project company, announced that they are developing a new gas-fired power generation project in Bangladesh. The project company has now signed a loan agreement for full financing totaling 642 million USD with a group of banks that includes the Japan Bank for International Cooperation. This Project is…
Anil Ambani has resigned from his position as Director of Reliance Communications
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•Anil Dhirubhai Ambani, Chairman of the Reliance Group (including, Reliance Communications, Reliance Capital, Reliance Infrastructure, and Reliance Power), has resigned from his position as Director of Reliance Communications, along with four others. Smt. Chhaya Virani, Smt. Ryna Karani, Smt. Manjari Kacker and Shri Suresh Rangachar have tendered their resignation from the office of Director. Also,…
J. P. Chalasani CEO of Reliance Power to exit by end of year.
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•Reliance Power – Anil Ambani group business, in its stock exchange filing has communicated the exit of its CEO. J. P. Chalasani, CEO of Reliance Power, has resigned to pursue entrepreneurial ambitions. It is learnt that he would relocate overseas once he exits the company by the end of this year. JP Has been with…