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Table below provides summary of all operating plants of Reliance Power.
April 24, 2015, Mumbai/Seoul: Samsung Asset Management Co., Ltd, Korea, the largest Asset Manager in Korea, today signed a Memorandum of Understanding with (MOU) for strategic alliance with Reliance Capital Asset Management, a part of Anil-Ambani led Reliance Capital and India’s largest asset manager.
The Sasan UMPP is the largest integrated power plant cum coal mining project at a single location in the world, involving investment of over Rs. Reliance Power’s execution capabilities have also been demonstrated earlier with the successful commissioning and operations of its 1,200 MW Rosa Power Project located in the state of Uttar Pradesh, 600 MW Butibori Power Project located in Maharashtra, 185 MW of Solar PV, Solar CSP and Wind projects located in Rajasthan and Maharashtra.
JIPL has signed a Power Purchase Agreement (PPA) with 18 power off-takers in 10 states for 25 years.
For fuel security, the project was allocated Kerendari BC captive coal mine block.
India’s economic growth is forecast to grow around 7.5%, according to IMF.
At the same time, its international mutual fund market is in the early stage and has strong growth potential in the future.
Samsung Asset Management, the asset management arm of Korean-chaebol Samsung Group, is the largest asset management firm in Korea managing Assets of over US$ 165.8 billion (as of February 2015). Sundeep Sikka, CEO, Reliance Capital Asset Management and Dr.