Reliance Power, controlled by Anil Ambani, has been making strides in becoming debt-free. In September 2024, the company settled obligations worth...  

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Anil Ambani Meets Maharashtra CM

Anil Ambani Meets Maharashtra CM

Reliance Power, controlled by Anil Ambani, has been making strides in becoming debt-free. In September 2024, the company settled obligations worth ₹3,872 crore, achieving debt-free status with banks and financial institutions. This was achieved by settling its obligations as guarantor for Vidarbha Industries Power. In November 2024, its subsidiary, Rosa Power Supply Company, prepaid ₹485 crore to Varde Partners, becoming a zero-debt company after clearing all its outstanding debt by paying ₹1,318 crore to Varde ahead of schedule. As of December 31, 2024, Reliance Power had zero debt and no bank defaults. The company is reportedly seeking new investment opportunities. In Q3 2025, Reliance Power reported turning profitable. The company's consolidated net worth stood at ₹11,155 crore at the end of the first quarter of FY25. During the quarter ended December 31, 2024, Rosa Power Supply Company Limited (RPSCL) secured a rupee term loan facility of up to ₹376,000 lakhs from Power Finance Corporation Limited (PFC), to be used for general corporate purposes, including investments in renewable energy projects and flue gas desulfurization capital expenditures. 

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