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Reliance Power exits Tilaiya project

Reliance Power exits Tilaiya project

Anil Ambani Group´s Reliance Power has managed a clean and quick exit from the 4,000 MW Tilaiya mega power project in Jharkhand. A little over six months after serving a notice for termination of the power purchase agreement for the project, Reliance Power has done an out-of-court settlement with distribution utilities of 10 states. Under the settlement, Reliance Power will get Rs.114 crore in compensation.

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