Reliance Power logs Rs.1.06 bn profit in third quarter

January 22nd, 2009 - 7:44 pm ICT by IANS  

New Delhi, Jan 22 (IANS) Reliance Power, a part of the Anil Dhirubhai Ambani Group, Thursday reported a consolidated net profit of Rs.1.06 billion ($21.6 million) for the quarter ended Dec 31.The company’s total income stood at Rs.1.31 billion. Comparable year-ago figures were not available as the company was listed in February 2008.

The company also reported its 600 MW Rosa phase I project in Uttar Pradesh is expected to be commissioned six months ahead of its June 2010 scheduled start.

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