Reliance Power Limited or RPOWER

Reliance Power was incorporated as the Bawana Power Private Limited on January 17, 1995. Its name was changed to Reliance Delhi Power Private Limited via a special resolution of the members passed at the EGM on February 1, 1995. Also, on January 23, 2004, the Name got changed to the Reliance EGen Private Limited via a special resolution of the members passed at the EGM. As on March 5, 2004, the name again changed to Reliance Energy Generation Private Limited via a special resolution of the members passed at the EGM. Finally, on July 4, 2007, the name got changed to the Reliance Power Limited via a special resolution of the members passed at an EGM. Also, the company was established to carry on all or any of the business of the producers, manufacturers, generators, suppliers, distributors, transformers, converters, transmitters, processors, developers, stores, procurers, carriers and dealers in electricity, and all the forms of energy and any such products and by-products derived from such business that are included without limitation, steam, fuels, ash, conversion of ash into bricks and any product derived from or connected with any other form of the energy, including, without limitation to the conventional sources such as heat, thermal, hydel and/or from non–traditional sources such as tidal wave, wind, solar, geothermal, biological, biogas, and CBM. The Company is part of the Reliance Anil Dhirubhai Ambani Group and is established with the purpose to develop, construct, and operate power projects both domestically and internationally. The Company on its own and via subsidiaries is also currently developing 13 medium, and some large-sized power projects with a combined planned installed capacity of 28,200 MW. It is also one of the largest portfolios of the power generation assets under development in India. Its 13 power projects are expected to be diverse in terms of geographic location, fuel type, fuel source, and off-take. Also, each project is planned to be strategically located near an available fuel supply or the load center. The identified project sites are being established in western India (12,220 MW), northern India (9,080 MW) and northeastern India (2,900 MW) and southern India (4,000 MW). They include six coal-fired projects of about 14,620 MW to be fueled by reserves from captive mines and supplies from India and abroad. And the two gas-fired projects (10,280 MW) to be powered primarily by reserves. One from the Krishna Godavari Basin or the 'KG Basin' off the east coast of India, and four hydroelectric projects with a capacity of 3,300 MW, three of them in Arunachal Pradesh and one is in Uttarakhand. The Reliance Power has also acquired the two ultra-mega power projects of 4,000 MW each at Sasan in Madhya Pradesh and Krishnapatnam in Andhra Pradesh. The 7,480 MW project to be located at Dadri in Uttar Pradesh is expected to be the largest gas-fired power project at a single location in the entire world. The Company also intends to sell the power generated by such projects under a combination of long–term and short–term PPAs to state-owned and private distribution companies and industrial consumers. Reliance Power's 4,000 MW Sasan Ultra Mega Power Project (SUMPP) using supercritical technology is registered with the Clean Development Mechanism Executive Board (CDM–EB) of United Nations Framework Convention on Climate Change (UNFCCC). The registration with CDM–EB allows Reliance Power’s Sasan Project to earn certified emission reduction (CER) credits, each equivalent to one ton of CO2. Reliance Power’s Project is the world’s largest power generation plant ever registered. Reliance Power has won Euromoney’s ‘Deal of the year – 2010’ for its Sasan Ultra Mega Power Project.

Milestones:

• August 2007: The Company acquired SPL from Power Finance Corporation Limited, which is setting up a 3,960 MW pithead power plant at Sasan, Madhya Pradesh.
• September 29, 2007: Amalgamation of RPUPL with the Company becomes effective.
• November 30, 2007: Letter of Award for Krishnapatnam UMPP awarded to Reliance Power
• October 28, 2010: RPower places an order with Shanghai Electric Group Co (SEC) for 30,000 megawatts (MW) capacity of the boiler, turbine, generator packages (BTG). As it is a coal-based power plant, the world’s most significant BTG order ever and is valued at around $10 billion.
• February 4, 2011: Reliance Power’s wholly-owned subsidiary Sasan Power becomes eligible for Carbon Credits as per accreditation accorded by the executive board of the Clean Development Mechanism (CDM).
• July 10, 2011: Reliance Power’s imported coal-based 3960 MW Krishnapatnam Ultra Mega Power Project (KUMPP), was registered with the Clean Development Mechanism Executive Board (CDM–EB) of United Nations Framework Convention on Climate Change (UNFCCC).
• Reliance Powerered 3,960 MW Krishnapatnam Ultra Mega Power Project
• Reliance Powerered 4,000 MW Sasan Power Project in Madhya Pradesh, gets approval for carbon credits.
• 2012:

Reliance Power – Reliance Power entered into a Strategic Partnership with China Datang

Some of its Subsidiaries are:

• Sasan Power Limited
• Maharashtra Energy Generation Limited
• Vidarbha Industries Power Limited
• Rosa Power Supply Company Limited
• Tato Hydro Power Private Limited
• MP Power Generation Private Limited
• Siyom Hydro Power Private Limited
• Urthing Sobla Hydro Power Private Limited
• Kalai Power Private Limited
• Coastal Andhra Power Limited