Reliance Power has invested Rs. 50,000 crore, says Anil Ambani.

Reliance Power Ltd. (RPower) has invested Rs. 50,000 crore in its first growth phase, said Chairman Anil Ambani.

He was addressing the annual general meeting of RPower recently.

Ambani said about 6,000 MW would be operational at the end of this phase, which was nearing completion.

The full benefits of this phase would be realised from the next financial year.

The company was conservatively financed and its debt to equity ratio was one of the lowest in the sector. Further, a net worth of Rs. 20,000 crore offers a strong platform to finance future growth.

The pillars of near-term growth are clean and green power projects, he said.


HBL