*****Reliance Power Limited*****
A Reliance Group Company announced its financial results for the quarter and year ended March 31, 2020.
- FY20 Total Income of Rs. 8202 crore
- FY20 EBITDA of Rs. 3663 crore
- FY20 loss of Rs. 4271 crore on one-time impairment of property, plant and equipments and other assets impacted for the year as an exceptional item.
- Signed binding agreement for sale of Module-1 (750MW) of Samalkot Equipment on receiving approvals, Equipment sale to help pare debt substantially
- 5760 MW of coal based capacity (Availability of 85%)
3960 MW Sasan Ultra Mega Power Project in Madhya Pradesh
- Achieved close to 96% PLF
- Consistently best performing project over the years
- Highest ever generation of 33.3 billion units
- Coal Production at 18.7 million tonnes
1200 MW Rosa plant in Uttar Pradesh
- Availability of ~98%
185 MW of Renewable Capacity
- Availability of 98%
Power plants are operating continuously through lockdown
Shares of RELIANCE POWER LTD. was last trading in BSE at Rs.1.87 as compared to the previous close of Rs. 1.96. The total number of shares traded during the day was 14181481 in over 2714 trades.
The stock hit an intraday high of Rs. 2.02 and intraday low of 1.87. The net turnover during the day was Rs. 27467922.
Source: Equity Bulls
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