Rosa Power, Varde Partners
RPower arm prepays Rs 850-crore debt to Varde Partners
The company aims to settle its remaining debt in the next quarter, completing the process before the end of the current financial year, Reliance Power said in a statement.
Reliance Power subsidiary Rosa Power prepays Rs 850 crore debt to Varde Partners
Rosa Power, a subsidiary of Reliance Power, is learned to be on track of becoming debt-free by paying off its debt of Rs 850 crore to Singapore-based Varde Partners.
Rosa prepays Rs 850 crore debt to Singapore company
Rosa Power, a subsidiary of Reliance Power, has prepaid ₹850 crore of its debt to Varde Partners. The company aims to settle its remaining debt by the end of the financial year. This move strengthens Rosa Power's balance sheet and supports Reliance Power's expansion into the renewable energy sector.
Reliance Power Subsidiary Rosa Power Prepays Debt
Rosa Power, a subsidiary of Reliance Power, has prepaid Rs 850 crore of its debt to Varde Partners. The company aims to be debt-free by the end of the current financial year.
Reliance Power's Rosa Nears Debt-Free Status with ₹850 Crore Repayment
Rosa Power aims to be debt-free by the end of the current financial year after clearing remaining debt next quarter.
Reliance Power's subsidiary Rosa prepays Rs 850 cr debt to Varde Partners
The prepayment brings Rosa Power closer to achieving zero debt, following its parent company's debt-free status earlier this month
Reliance Power subsidiary Rosa Power prepays ₹850 crore debt
Rosa Power aims to settle its remaining debt in the next quarter, completing the process before the end of FY25. Shares of Reliance Power Ltd ended at ₹42.06, up by ₹2, or 4.99%, on the BSE.
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