Reliance Power is India`s leading private sector power generation company. The company has got 5 out of the 18 projects for which global bids were invited by the Himachal State Government. 5 hydel projects which has been alloted to the Reliance Power are given below.
1. Purthi project of 300 MW capacity
2. Teling project of 94 MW capacity
3. Shangling project of 44 MW capacity
4. Sumte Kothang project of 130 MW capacity
5. Lara Sumta projects of 104 MW capacity
The other companies that got hydropower projects in the state are Tata Power-SN Power, Capital Consortium, BMD, ABG Shipyard, AMR Mitra Joint Venture, Bell Spun Energy, Green Infrastructure and BLA Industries. The allotted projects would generate power with an aggregate capacity of 1,325.5 MW.
Reliance Power has offered 21 percent free power for all the five projects, whereas Tata Power-SN Power offered 22.35 percent. Himachal Pradesh has abundant water resources with a power potential of about 23,000 MW. About 6,672 MW have been harnessed till now by the central and state governments, private players and joint venture companies.
Share’s Data :
BSE Code : 532939
Mkt. Cap: 34,011.84 Crore
Reliance Power share’s CMP is Rs 121.25 on 18th Mar 2011.
Stay tuned to BelltheBull Blog for more news on Reliance Power !Google+