The Anil Ambani-led Reliance Power announced that it has appointed N Venugopala Rao as its CEO with immediate effect. Prior to this appointment, Rao was CEO of Sasan Power Ltd, a fully owned subsidiary of Reliance Power, which has developed the Sasan Ultra Mega Power Project (UMPP). Consequent upon the appointment, Rao will also cease to be the Chief Executive Officer of Sasan Power Limited, a 100 per cent subsidiary of Reliance Power.
Reliance Power
- Reliance Power Limited is part of the Reliance Anil Dhirubhai Ambani Group.
- It was established to develop, construct and operate power projects in the Indian and international markets.
- Reliance Energy Limited, an Indian private sector power utility company and the Anil Dhirubhai Ambani Group promote Reliance Power.
- 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.
- With its subsidiaries, it is developing 13 medium and large-sized power projects with a combined planned installed capacity of 33,480 MW.
