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Reliance Power arm Rosa Power prepays Rs 485 cr debt, becomes zero-debt firm

By Economic Times - 2 weeks ago
Reliance Power's subsidiary, Rosa Power Supply Company, has cleared its debt by prepaying Rs 485 crore to Varde Partners. This follows a previous prepayment of Rs 833 crore, making Rosa Power debt-free. This move, along with a recent equity infusion, strengthens Reliance Power's position to pursue opportunities in the green energy sector.

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