Tag: Reliance Power

Indiabulls arm gets power project in Chhattisgarh

Indiabulls Power is learnt to have won the bid to set up the 1,600-mw Bhaiyathan power project in Chhattisgarh, a pit-head power project that also includes a 350-million-tonne coal block. According to sources close to the development, the Chhattisgarh government is likely to soon announce the deal. Sterlite Industries and the GMR group were the […]

Investors see doubtfully to IPO

14-Feb-08. Anil Dhirubhai Ambani was very cheerful when Reliance Power Ltd. was making its debut. Investors were hoping to see the company benefit. When Reliance power launched its IPO, they fell so hard for the stock that it was the biggest demand ever for an Indian IPO.