Office, Sasan Coal Division, Singrauli-486889, Madhya Pradesh, India The performance of the Company (consolidated and standalone) for the financial year ended March 31, 2018, is summarized below: During the financial year under review, the total Income of the Company was Rs, 49,431 lakhs against Rs, 47,662 lakhs in the previous year on a standalone basis. The Audited Consolidated Financial Statement for the financial year ended March 31, 2018, based on the financial statements received from subsidiaries and associates, as approved by their respective Board of Directors, have been prepared in accordance with Ind-AS Rules and relevant provisions of the Companies Act, 2013. Find out more about the Organisational Structure of EDF in France. Investor Relations. & Associates, Chartered Accountants and M/s. Its authorized share capital is Rs. COVID-19 Vaccination LIVE Updates: Over 1.65 lakh beneficiaries vaccinated across 3,351 sites on Jan 16, says government, Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Positional and Intraday Trading Calls basis Noiseless Chart, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation. The Solar CSP (100 MW) plant in Rajasthan has achieved a number of operating milestones including achievement of peak load of 132.43 MW during the year. Company status Active Company type Private limited Company … As on March 31, 2018, the Company had 44 subsidiaries under its fold. ITR 2019-20: Income tax refund not received yet? The Company also initialled the Terminal Use Agreement for LNG Terminal Project with PetroBangla, a Government of Bangladesh entity. Never miss a great news story!Get instant notifications from Economic TimesAllowNot now, BSE:532939 | NSE:RPOWERBE | 58888:relpl | IND:Power Generation - Thermal | ISIN code:INE614G01033 | SECT:Power. The particulars as required to be disclosed in terms of Section 134(3)(m) of the Act read with Rule 8 of the Companies (Accounts) Rules, 2014, are given in Annexure - D forming part of this Report. 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During the year under review, the Company has complied with the applicable Secretarial Standards issued by The Institute of Company Secretaries of India (ICSI). The Company completed the execution of project agreements for Phase - I of its Bangladesh Project with Bangladesh Authorities. Corporate Social Responsibility. Particulars of Employees and Related Disclosures. G.S.R. All prices are displayed in local currency terms. The said transaction has been completed on May 16, 2018 with Procurers returning Bank Guarantees of Rs, 600 Crore along with the payment of agreed termination payment of Rs, 113 Crore. Pursuant to the provisions of Section 186 of the Act, the details of Investments made are provided in the unabridged standalone financial statements under Note 3.3(a) and 3.5(a). The Coal India subsidiary has argued that law forbids the transfer of coal-bearing area. In addition, the financial results of the subsidiary companies have been consolidated with those of the parent company. The project involves development and operation of a 718 MW (net) Combined Cycle Power Plant (CCPP) using Re-gasified Liquefied Natural Gas (LNG). The disclosures required under Schedule V of the Act as applicable to Shri K Raja Gopal as a Whole-time Director are given below: (i) Remuneration comprises of salary, allowances and other perquisites of Rs, 300 Lakhs per annum inclusive of performance linked incentive of Rs, 75 Lakhs. The Chhatrasal coal mine allotted to Reliance Power's 4,000 MW Sasan Thermal Power project in Madhya Pradesh has received environment clearance. Targeted policy changes and technology improvements will … In terms of the provisions of Section 197(12) of the Act read with Rule 5(2) & 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, as amended, a statement showing the names and other particulars of the employees drawing remuneration in excess of the limits set out in the said Rules are provided in the Annual Report, which forms part of this report. Secondary Markets Update NZX will implement changes to its trading and clearing pricing structure in October. Copyright © e-Eighteen.com Ltd. All rights reserved. According to the statement, this is best-in-class performance among the large-size power stations in the Indian Power Sector, which benefits nearly 42 crore population served by seven procurer states of Madhya Pradesh, Uttar Pradesh, Haryana, Punjab, Rajasthan, Uttarakhand & Delhi. Reliance Power Q4 net up 16% at Rs 320 crore Anil Ambani-promoted Reliance Power reported a net profit of Rs 320 crore for the quarter ended March 31, primarily due to higher electricity sale. Regulations), the brief resume of Shri Sateesh Seth and Shri K Raja Gopal, who are proposed to be appointed at the ensuing AGM as above, along with the information regarding the nature of their expertise in specific functional areas and names of the companies in which they hold directorship and / or membership / chairmanship of Committees of the respective Boards, shareholding and relationship between Directors, inter se, is given in the section on Corporate Governance Report forming part of this Annual Report. India's Reliance Energy Ltd. has won a bid to build a $4.9 billion power project in central India that will boost the company's generating capacity five-fold. Reliance Infrastructure, an Indian private sector power utility company and the Reliance ADA Group promote Reliance Power. RPower - Business Areas - Left Menu (ii) Details of fixed component and performance linked incentives along with the performance criteria - Fixed component of Rs, 225 Lakhs per annum and performance linked incentive of Rs, 75 Lakhs. The Company''s policy for determining material subsidiaries may also be accessed on the Company''s website at the link http:// www.reliancepower.co.in/pdf/Policy_for_Determination_of_ Material_Subsidiary.pdf. RPL Surya Power Private Limited, RPL Star Power Private Limited, RPL Sunlight Power Private Limited, RPL Solar Power Private Limited, RPL Solaris Power Private Limited, RPL Sunshine Power Private Limited and Jharkhand Integrated Power Limited have ceased to be the subsidiaries of the Company.