Reliance Infrastructure Limited — JV/Acquisition, 07-05-2025: Acquisition
07-05-2025 | 09:37 pm
07-05-2025 | 09:37 pm
Reliance Infrastructure has increased its stake in Reliance Power from 23.18% to 24.90% through a Rs. 315.15 crore equity infusion. Reliance Power, with a consolidated turnover of around Rs. 7,893 crore in FY24, is a key player in power generation across India. This move boosts Reliance Infrastructure’s influence in a core energy asset, positioning it for greater operational synergies and strategic control in the power sector.
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