Sasan Power
Sasan Power makes $150 million bullet payment on debt with IIFCL
"This repayment will bolster Sasan Power's debt coverage metrics, improve liquidity, and enhance its credit rating," the company stated in its press release
 "Sasan Power makes $150 million bullet payment on debt with IIFCL")
Reliance Power's arm Sasan Power pays $150 million debt to UK's IIFCL
Reliance Power on Wednesday said its arm Sasan Power Ltd has made a bullet payment of USD 150 million to IIFCL, UK, fulfilling its debt obligation on December 31, 2024. This repayment will bolster Sasan Power's debt coverage metrics, improve liquidity, and enhance its credit rating, a company statement said. Sasan Power operates a 3,960 MW Ultra Mega Power Plant (UMPP) in Sasan, Madhya Pradesh, which is the world's largest integrated coal-based power plant, it said. It boasts a captive coal mining capacity of 20 MTPA. The plant supplies electricity to 14 Discoms distribution companies (DISCOMs) across seven states -- Madhya Pradesh, Uttar Pradesh, Rajasthan, Punjab, Haryana, Uttarakhand, and New Delhi -- at the lowest tariff in India of Rs 1.54 per unit, benefiting more than 40 crore people. For seven consecutive years, Sasan Power has been ranked as the best-performing power plant in India. The loan repayment further strengthens Reliance Power's balance sheet as the company ...
Reliance Power disagrees with CARE ratings on its subsidiary Sasan Power
Reliance Power said Sasan has always been regular on debt service without taking any support from its parent company
 "Reliance Power disagrees with CARE ratings on its subsidiary Sasan Power")
Supreme Court issues a notice to Sasan Power on a states' plea
On November 20 last year, the tribunal had set aside the CERC order which disallowed Sasan Power's claims seeking compensation
 "Supreme Court issues a notice to Sasan Power on a states' plea")
Panel on coal requirement by Sasan Power to meet next week
Coal Ministry had earlier directed Sasan Power Ltd to limit annual coal production at 16 mpta
 "Panel on coal requirement by Sasan Power to meet next week")
Sasan gets govt nod to raise coal production
Move will facilitate Sasan UMPP to generate additionally 2.2 billion units of electricity
 "Sasan gets govt nod to raise coal production")
Sasan Power allowed to produce 17.20 mtpa coal till March-end
Coal Ministry had earlier restricted SPL's annual coal production to 16 mtpa
