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Encyclopedia > Reliance Energy
Reliance Energy Limited
Type Public (BSE: REL)
Founded 2002
Headquarters Mumbai, India
Key people Anil Ambani, Chairman and Managing Director
Industry Electricity Generation and Distribution
Revenue $1 billion USD (2005)
Slogan Think Bigger, Think Better
Website Reliance Energy

Reliance Energy, formerly known as Bombay Suburban Electric Supply (BSES), is a company under the Reliance - Anil Dhirubhai Ambani Group [1] banner, one of India's largest conglomerates. The company is headed by Anil Ambani.The company's corporate Headquarters is situated in Sector 24,Noida. The company is the sole distributor of electricity to consumers in the suburbs of Mumbai. It also runs power generation, transmission and distribution businesses in other parts of Maharashtra, Goa and Andhra Pradesh. Reliance Energy plans to increase its power generation capacity by adding 16,000 MW with investments of $13 billion. Image File history File links No higher resolution available. ... The Three-Letter Acronym or Abbreviation (TLA) BSE could stand for Bachelor of Science in Engineering Baku Stock Exchange Barbados Stock Exchange Battle Space Entity (military simulations) Black Sun Empire - Dutch drum and bass production trio Bolshaya Sovetskaya Entsiklopediya (Большая Советская Энциклопедия, Great Soviet Encyclopedia) - the most comprehensive encyclopedia ever written in Russian... , “Bombay” redirects here. ... Image File history File links Flag_of_India. ... Anil Ambani (born June 4, 1959) is an Indian businessman. ... Look up revenue in Wiktionary, the free dictionary. ... Image File history File links No higher resolution available. ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ... A fiscal year (or financial year or accounting reference date) is a 12-month period used for calculating annual (yearly) financial reports in businesses and other organizations. ... Look up slogan in Wiktionary, the free dictionary. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... Reliance - Anil Dhirubhai Ambani Group is the holding company for the following: Reliance Communication Ventures Limited (formerly Reliance Infocomm) Reliance Capital Ltd which has Reliance Mutual Funds, Reliance General Insurance, and Reliance Life Insurance Reliance Energy Limited Reliance Entertainment Limited RCoVL is headquartered in Koparkhairane, Navi Mumbai, Maharashtra, India while... Anil Ambani (born June 4, 1959) is an Indian businessman. ... This article or section does not cite its references or sources. ... , “Bombay” redirects here. ... , Maharashtra (Marathi: महाराष्ट्र , IPA:  , translation: Great Nation) is Indias third largest state in area and second largest in population after Uttar Pradesh. ... For other uses, see Goa (disambiguation). ... “Andhra” redirects here. ...

Contents

History

Reliance Energy came into existence when it took over BSES in 2002 . Also see: 2002 (number). ...


Projects

Reliance Energy won on competitive bidding last year for 280 MW Urthing Sobla hydro power project in Uttarakhand. It has also won two power projects totaling 1700 MW in Arunachal Pradesh. , Uttarakhand (Hindi: उत्तराखंड), known as Uttaranchal from 2000 to 2006, became the 27th state of the Republic of India on November 9, 2000. ... , Arunachal Pradesh   (Hindi: Aruṇācal PradeÅ›) is the eastern most state on Indias north-east frontier. ...


Recently Reliance energy has bagged 1200 MW Hissar and 2X250 MW Pariccha projecton EPC Contract.It is also building 1200 MW Rosa Power Plant.


Relationship with Tata Power

Tata Power is the India's oldest private power section company and considered Reliance Energy biggest rival. However Tata Power and REL have unusual business relationship in that Tata Power is a net generator of power and sells power to REL while REL has insufficient generation capacity to supply its Mumbai retail customers and thus must buy the short fall from Tata Power. Tata Power and REL both compete directly against each other in the high end use industrial customer market. This has resulted in several contract disputes between the two rivals.


==Da


See also

List of India energy articles This is a list of articles on energy issues in India. ... India receives about 300 clear sunny days in a year. ...

External links

  • Official site

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