Reliance Power defaults on payment of ₹300 cr

PTI Updated - December 06, 2021 at 06:15 PM.

Reliance Power posted a net loss of ₹2,951.82 crore for FY19

Reliance Power on Monday said it has defaulted on payment of principal and interest totalling to ₹300.22 crore.

The company defaulted on payment of ₹300.22 crore, including interest amount of ₹2.22 crore on July 31, 2020, it said in a BSE filing.

The default was on loans taken from Axis Bank, Yes Bank, IDBI Bank and Lakshmi Vilas Bank, it added.

Published on September 1, 2020 02:55