Anil Ambani’s influence continues even in 2025, this company has repaid crores of loans

The 12 months 2024 was nice for Anil Ambani. Some of his firms gave superb returns to traders this 12 months. Especially Reliance Power made its traders wealthy. Like 2024, now 2025 additionally appears to be particular for Anil Ambani. At the start of the 12 months, a information associated to him has come, which exhibits that Anil Ambani is prepared for an awesome comeback.

In reality, Sasan Power Ltd, a subsidiary of Anil Ambani-led Reliance Power Ltd, has repaid one of its huge loans on December 31, 2024. Sasan Power has paid US $ 150 million (about Rs 1,284.6 crore) to IIFCL, UK for this mortgage. This is the explanation why at this time i.e. on January 1, 2025, the shares of Reliance Power hit higher circuit.

Financial situation of the company

Repayment of the mortgage will enhance Sasan Power’s liquidity, mortgage protection and credit standing. Apart from this, the stability sheet of Reliance Power has develop into stronger, as a result of which the company’s focus has now elevated in direction of renewable power. This step into renewable power is true for the longer term of the company. Let us inform you, earlier than this, Rosa Power, one other subsidiary of Reliance Power, had additionally made an advance fee of Rs 850 crore to the Singapore-based lender i.e. Lenders Verde Partners.

what does sasan energy do

Let us inform you, Sasan Power Limited operates 3960 MW capability Ultra Mega Power Plant (UMPP) situated in Sasan, Madhya Pradesh. This plant is the world’s largest built-in coal-based energy plant and has a coal mining capability of 20 MTPA (million tonnes every year).

This plant offers electrical energy to 14 DISCOM distribution firms in seven states of India – Madhya Pradesh, Uttar Pradesh, Rajasthan, Punjab, Haryana, Uttarakhand and New Delhi on the lowest tariff of Rs 1.54 per unit. About 40 crore folks profit from this.

Reliance Power is increasing

Reliance Power, one of the most important personal sector energy technology firms in India, has a present working portfolio of 5,300 MW. The company has additionally deliberate to boost Rs 1,525 crore by way of preferential challenge. Reliance Power will use this capital to take benefit of alternatives in the quickly rising renewable power sector. At current, the online price of Reliance Power has now crossed Rs 15,000 crore, which can strengthen the expansion of the company.

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