Reliance Power wipes out massive Rs 3,872cr debt, paving way for a financial resurgence
Reliance Power Limited has shaken the financial world by announcing it has fully settled its mammoth corporate guarantee obligations worth INR 3,872.04 crore for Vidarbha Industries Power Limited (VIPL). This settlement, which involves the complete discharge of all corporate guarantees and related claims, marks a major turning point for Reliance Power and showcases its aggressive […]