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Home Power

Reliance Power Board Clears Rs 90 Billion Fundraise via QIP

Palak by Palak
July 18, 2025
in Power
Reading Time: 1 min read
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Reliance Power
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Reliance Power Limited’s board has approved enabling resolutions to raise up to Rs 60 billion through qualified institutions placement (QIP), follow-on public offer, or a combination of both.

Additionally, the board has cleared the issuance of secured or unsecured, redeemable, non-convertible debentures of up to Rs 30 billion through private placement in one or more tranches.

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