Thane Belapur Road, Koperkhairane Navi Mumbai - 400 710, India Phone: +91 22 303 86600
Fax : +91 22 303 86999www.reliancepower.co.in
Registered Office: H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai- 400 710
Mumbai, May 13, 2013: Reliance Power Limited, a Reliance Group company, today announced its financial results for the quarter and year ended March 31, 2013. The company's Board of Directors approved the financial results at its meeting here today. Performance highlights include:FY12-13 | FY11-12 | |
Operating Revenues | ì 4,927 crore (US$ 906 million) | ì 2,019 crore (US$ 371 million) |
Other Income | ì 357 crore (US$ 66 million) | ì 748 crore (US$ 137 million) |
Total Income | ì 5,284 crore (US$ 971 million) | ì 2,767 crore (US$ 509 million) |
Net Profit | ì 1,011 crore (US$ 186 million) | ì 867 crore (US$ 159 million) |
Announcing the results, J.P. Chalasani, the Chief Executive Officer of Reliance Power, said: "The year 2012-13 saw us achieve significant landmarks in the development of our flagship 3,960 MW Sasan Ultra Mega Power Project (UMPP) - the largest integrated power plant and coal mining project in the world. We commenced coal production from our 20 MTPA Moher mines, in record time, in September 2012. This will become the largest coal mine in the country in terms of volume handled. We also commissioned our first 660 MW, super-critical unit of the Sasan UMPP in March 2013. This year also saw the first full year operation of our 1,200 MW Rosa project in Uttar Pradesh and the 40
MW Solar PV project in Rajasthan which resulted in record generation and profitability. Our operating revenues increased by 144% and net profit increased by 17% in FY12-13".
FY2012-13 HIGHLIGHTS
Operating Capacities