In the preparation of the annual financial statement for the financial year ended March 31, 2018, the applicable Accounting Standards had been followed along with proper explanation relating to material departures, if any; ii. The term of Dr. Yogendra Narain, one of the Independent Director, has expired with effect from September 26, 2017. Office, Sasan Coal Division, Singrauli-486889, Madhya Pradesh, India Here are ways to check status. "The APTEL order now paves the way for Sasan Power Ltd to recover the unpaid amount of nearly Rs 850 crore from the procurers. B S R & Co. LLP, Chartered Accountants that they are not disqualified from continuing as the Auditors of the Company. (v) Details of Non Executive Directors are provided in Corporate Governance Report. Company Overview for MARINE POWER SYSTEMS LTD (06669123) Filing history for MARINE POWER SYSTEMS LTD (06669123) People for MARINE POWER SYSTEMS LTD (06669123) More for MARINE POWER SYSTEMS LTD (06669123) Registered office address Unit 11 Clarion Court, Swansea Enterprise Park, Swansea, Wales, SA6 8RT . The plant also received recognition from prestigious bodies for excellence in the areas of the environment and energy. Copyright © e-Eighteen.com Ltd All rights resderved. For setting up 500 mmscfd LNG Terminal Project, the Company has awarded the EPC Contract to RInfra. Reliance Power Ltd share price today (on 8 June 2020). It is inolved in Manufacture of other electrical equip ment n.e.c. It is classified as Non-govt company and is registered at Registrar of Companies, Bangalore. The Coal India subsidiary has argued that law forbids the transfer of coal-bearing area. Details of the meetings held and attended by each Director are given in the Corporate Governance Report. The control measures adopted by the Company have been found to be effective and adequate to the Company''s requirements. The particulars as required to be disclosed in terms of Section 134(3)(m) of the Act read with Rule 8 of the Companies (Accounts) Rules, 2014, are given in Annexure - D forming part of this Report. Particulars of Directors proposed to be appointed, Pursuant to the provisions of Section 152(5) of the Act read with Regulation 36(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing. During the year, Reliance Bangladesh LNG Terminal Limited became subsidiary of the Company. For over 60 years, the Exchange has facilitated capital formation, serving a wide spectrum of participants, including individual and institutional investors, the trading community and listed companies. The Ministry of Corporate Affairs (MCA) vide its Notification No. Thereafter, considering the Company''s proposed revision in its current Employees'' Remuneration and Incentive Policy, market condition and the current market price which was quoted under '' 50 per share for past six months and after considering the recommendations of Nomination and Remuneration Committee, the Company decided to wind up Reliance ESOS Plan 2010 with effect from October 23, 201 7. Aktueller Kurs, historische Charts, Analystenchecks und aktuelle Nachrichten zur WEICHAI POWER CO. H YC 1 Aktie The Directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as at March 31, 2018 and of the profit of the Company for the year ended on that date; iii. NSE Quotes and Nifty are also real time and licenced from National Stock Exchange. Its authorized share capital is Rs. Pay only for what you use with no upfront cost. Shareholder Information; Share Price; Financial Summary; Financial Reports & Associates, Chartered Accountants and M/s. MARICO Share Price Today: MARICO last traded price was up 0.2% to Rs 419.0 on the BSE. As on date NCDs of Rs, 1,000 Crore are outstanding. The CERC approval would enable the company to recover the cost of the system from its consumers, according to the company. Explore Sasan Power Limited Openings Across Different Locations In Your Desired Industry The Company has also constituted an Internal Compliance Committee under the Sexual Harassment of Women at workplace (Prevention, Prohibition and Redressal) Act, 2013. Kakalia and Smt. Stock analysis for Sino Biopharmaceutical Ltd (1177:Hong Kong) including stock price, stock chart, company news, key statistics, fundamentals and company profile. During the year, seven Board Meetings were held. For reprint rights: Times Syndication Service, Mirae Asset Emerging Bluechip Fund Direct-Growth, ICICI Prudential Bluechip Fund Direct-Growth, Stock Analysis, IPO, Mutual Funds, Bonds & More. B S R & Co. LLP, Chartered Accountants conforming compliance to the conditions of Corporate Governance as stipulated under Para E of Schedule V to the Listing Regulations is enclosed to this Report. Governance . Post-COVID-19 Job market | Hiring rises across board, digital roles see high demand: Report. Stock analysis for Haier Electronics Group Co Ltd (1169) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Regulations), the brief resume of Shri Sateesh Seth and Shri K Raja Gopal, who are proposed to be appointed at the ensuing AGM as above, along with the information regarding the nature of their expertise in specific functional areas and names of the companies in which they hold directorship and / or membership / chairmanship of Committees of the respective Boards, shareholding and relationship between Directors, inter se, is given in the section on Corporate Governance Report forming part of this Annual Report. The disclosures required under Schedule V of the Act as applicable to Shri K Raja Gopal as a Whole-time Director are given below: (i) Remuneration comprises of salary, allowances and other perquisites of Rs, 300 Lakhs per annum inclusive of performance linked incentive of Rs, 75 Lakhs. Investor Relations. You can view full text of the Director's Report for Reliance Power Ltd. You can switch off notifications anytime using browser settings. The PPA contains detailed clauses with respect to generation of power and the tariffs payable for the period of 25 years. In addition, the financial results of the subsidiary companies have been consolidated with those of the parent company. The risks are assessed for each project and mitigation measures are initiated both at the project as well as the corporate level. Prior omnibus approval of the Audit Committee was obtained for the transactions, which were of a repetitive nature. Reliance Power has linked up the first unit of 660 MW, at its 4,000-MW Sasan ultra mega power plant, to the national grid. Never miss a great news story!Get instant notifications from Economic TimesAllowNot now, BSE:532939  |  NSE:RPOWERBE  |  58888:relpl  |  IND:Power Generation - Thermal  |  ISIN code:INE614G01033  |  SECT:Power. RPower - Business Areas - Left Menu Your Directors also wish to place on record their deep sense of appreciation for the commitment displayed by all executives, officers and staff, resulting in the successful performance of the Company during the year. The Company''s Dividend Distribution Policy forms part of this Annual Report. Year on year Reliance Power Ltd 's revenues fell -7.79% from 82.01bn to 75.62bn. Calculate your portfolio. The disclosures with respect to CSR activities forming part of this report is given as Annexure - E. Orders, if any, passed by Regulators or Courts or Tribunals. Particulars of Employees and Related Disclosures. Shri Sateesh Seth, Non-Independent, Non-Executive Director is a member of the Committee. In March 2009, Sasan Power Infrastructure Ltd and Sasan Power Infraventures Pvt Ltd became the subsidiaries of the company. Internal Financial Controls and their adequacy. View and compare Power BI Embedded pricing and licensing options. ITR 2019-20: Income tax refund not received yet? Get details on RattanIndia Power Ltd. news, dividends, financial report, shareholding, company profile, annual report, quarterly results, profit and loss account, results and more. September 29, 2007: Amalgamation of RPUPL with the Company becomes effective. All Companies › Maharashtra › Electricity, Gas & Water › Sasan Power Limited › Financials Active As on: 04 August, 2020 Update Info Print Share Add to List Contracts and Arrangements with Related Parties. Pursuant to the provisions of the Act and Regulation 17(10) of the Listing Regulations, the Board has carried out an annual performance evaluation of its own performance, the directors individually as well as the evaluation of the working of the Committees of the Board. Apart from other provisions, we are really concerned with During the year under review, entire amount of Rs, 560 Crore Redeemable Non Convertible Secured Debentures (''NCDs''), were matured and paid. Exchange: ASX: Currency: AUD: Updated: 4:00PM 14/01/2021 Pathak H.D. The Nomination and Remuneration Committee of the Board has devised a policy for selection and appointment of Directors, Key Managerial Personnel and Senior Management Employees and their remuneration. According to the statement, this is best-in-class performance among the large-size power stations in the Indian Power Sector, which benefits nearly 42 crore population served by seven procurer states of Madhya Pradesh, Uttar Pradesh, Haryana, Punjab, Rajasthan, Uttarakhand & Delhi. A separate meeting of the Independent Directors was also held during the financial year for the evaluation of the performance of non-independent Directors, performance of the Board as a whole and that of the Chairman. All prices are displayed in local currency terms. & Associates, Chartered Accountants and M/s. All the Non-Executive Directors, as at the end of the financial year 2017-18 were paid only sitting fees for attending the meetings of the Board and its Committees. The Rosa Thermal plant (1,200 MW) at Shahjahanpur in Uttar Pradesh, owned by the Company''s subsidiary Rosa Power Supply Company Limited delivered another year of consistent performance with generation of 7719 MUs. The Directors present the 24th Annual Report and the audited accounts for the financial year ended March 31, 2018. BHOPAL: Madhya Pradesh will get cheap power at a "levellised" rate of 119 paise per unit for the next 25 years from Reliance Power Ltd's Sasan Ultra Mega Power Project (UMPP), an official release said here today. Instrument Name: CEN 15/08/2024 3.55% Bonds: Issued By : Contact Energy Limited ISIN: NZCEND0050L0: Type: Green Retail Bond: Price Per $100: $109.087: Maturity Date: 15 Aug 2024: Previous Payment Date: 15 Nov 2020: Mike Fuge: Chief … H. D. & Associates, Chartered Accountants and M/s. M/s. The details of the Committee and its terms of reference etc. All contracts / arrangements / transactions entered into by the Company during the financial year under review with related parties were at an arm''s length basis and in the ordinary course of business. HDFC Bank Q3 takeaways: Assets quality in good shape, loan recast demand low, Kunal Bothra's trading ideas for this week, HDFC Bank Q3 results: Profit rises 18% to Rs 8,758 cr YoY, beats Street estimates; NII up 15%, IRB InvIT Q3 results: Revenue almost flat at Rs 333 crore, Dalal Street week ahead: Nifty50 is now over-extended, may slip into consolidation, Why Chancellor’s capital cycle approach is considered best for long-term investing, Takeaways: RBI governor Das’ warning to financial markets, view on fiscal spending, Pharma, IT rally not over yet; there is more meat in midcaps: Analysts, RBI ready to examine if there is govt proposal for bad bank, says Governor Das, www.reliancepower.co.in/pdf/Policy_for_Determination_of_, http://www.reliancepower.co.in/web/reliance-power/, Looking at the Sensex, one thinks problems are over. CMP as on 23-Dec-20 15:53 ₹ 3.45. Reliance Power Q4 net up 16% at Rs 320 crore Anil Ambani-promoted Reliance Power reported a net profit of Rs 320 crore for the quarter ended March 31, primarily due to higher electricity sale. Conservation of Energy, Technology Absorption and Foreign Exchange Earnings and Outgo. Including the Overburden handled at 74 Million CuM, the total volume handled at Sasan Coal Mine during the year was 86 Million CuM, making it the largest mine in the country in terms of volume handled. During the year under review, no such complaint has been received. 0.53% (FY: … However, he ceased to be the CEO & CFO from the close of business hours on May 1, 2018 and ceased to be the WTD from the close of business hours on June 30, 2018. Finf out more about the articles of association. The Company has a robust Business Risk Management framework to identify, evaluate business risks and opportunities. The approval of members has been accorded for appointment of Shri N. Venugopala Rao as a Whole-time Director of the Company commencing from April 13, 2017. During the quarter, the Sasan Ultra Mega Power Project in Madhya Pradesh generated 8,646 million units of electricity operating at a PLF of 99 per cent. Power Projects; Coal based Projects; Gas based Projects; Solar Power Projects; Wind Power Projects; Hydroelectricity Projects; Initiatives in Renewable Energy; Carbon Credits; Investor Information. "The APTEL order now paves the way for Sasan Power Ltd to recover the unpaid amount of nearly Rs 850 crore from the procurers. A calendar of Meetings is prepared and circulated in advance to the Directors. In accordance with the provisions of the Act, Shri Sateesh Seth, Non-Executive Director, retires by rotation and being eligible, has offered himself for re-appointment at the ensuing AGM. Copyright © e-Eighteen.com Ltd. All rights reserved. The business risk framework defines the risk management approach across the enterprise at various levels including documentation and reporting. Reliance Power Limited, together with its subsidiaries, engages in the generation of power in India. Material Changes and Commitments, if any, affecting the financial position of the Company. No orders have been passed by the Regulators or Courts or Tribunals which impact the going concern status and operations of the Company. However, considering the market price of the equity shares, none of the employee had exercised the options vested and consequently, the ESOS Committee, at their meeting held on May 19, 2014, had amended the ESOS Plan 2010 and extended the validity period of Exercise Period. Management Discussion and Analysis Report for the year under review, as stipulated under the Listing Regulations, is presented in a separate section forming part of this Annual Report. Reliance Power's project portfolio also includes 3,960 MW Sasan Ultra Mega Power Project (Madhya Pradesh). Targeted policy changes and technology improvements will … The Company''s policy for determining material subsidiaries may also be accessed on the Company''s website at the link http:// www.reliancepower.co.in/pdf/Policy_for_Determination_of_ Material_Subsidiary.pdf. Abb Power Products And Systems India Limited is a Public incorporated on 19 February 2019. "The Chhatrasal coal block, one of the three captive coal blocks allotted to Sasan Power Ltd in 2006, has received clearance from the ministry of environment and forest," said a source. 15.00% … The transactions entered into pursuant to the omnibus approval so granted, were reviewed and statements giving details of all related party transactions were placed before the Audit Committee on a quarterly basis. Reliance Power Ltd. Stock Price: ... has entered into Share Purchase Agreements to acquire the entire share capital of two coal companies in Indonesia. The Company had the following Associate Companies as on March 31, 2018: The operating and financial performance of the major subsidiary companies, has been discussed in the Management Discussion and Analysis Report forming a part of this Annual Report. News zur LITHIUM POWER INTERNATIONAL AKTIE und aktueller Realtime-Aktienkurs Here's why the Lithium Power share price is up 7% today It won accolades for its initiatives in the area of community development as part of its CSR Projects. Sasan Power Limited Near L.I.C. The project also include setting up of a Floating Storage Regasification Unit (FSRU) based LNG Terminal at offshore of Kutubdia Island, Bangladesh. Shri D.J. The audited financial statement of the Company drawn up both on standalone and consolidated basis for the financial year ended March 31, 2018, are in accordance with the requirements of the Ind-AS Rules. The Directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Act, for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities; iv. (ii) Details of fixed component and performance linked incentives along with the performance criteria - Fixed component of Rs, 225 Lakhs per annum and performance linked incentive of Rs, 75 Lakhs. The Company has received declarations from all the Independent Directors of the Company confirming that they meet with the criteria of Independence as prescribed under the Act and the Listing Regulations. Find the latest CLP HOLDINGS LTD (CLPHY) stock quote, history, news and other vital information to help you with your stock trading and investing. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited. NEW DELHI: Reliance Power today said the Appellate Tribunal for Electricity has upheld its Commercial Operational Date (COD) plea for Sasan plant, which will pave the way for the project to recover Rs 1,050 crore from power procurers. Pursuant to the provisions of Section 204 of the Act and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Board has appointed M/s. UMPPs are a significant part of the Indian government's initiative to collaborate with power generation companies to set up 4,000 MW projects to ease the country’s power deficit situation. Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. The details of programmes for familiarization of Independent Directors with the Company, nature of industry in which the Company operates and related matters have been put up on the website of the Company at the link: http://www.reliancepower. The Company also initialled the Terminal Use Agreement for LNG Terminal Project with PetroBangla, a Government of Bangladesh entity. Shri Murli Manohar Purohit has been appointed as Company Secretary and Compliance Officer with effect from June 8, 2017. Company History - Power Finance Corporation Ltd. Our Company was incorporated on July 16, 1986 under the Companies Act as a public limited company, registered with the RoC, National Territory of Delhi and Haryana and received the certificate for commencement of business on December 31, 1987. A certificate from the Auditors of the Company M/s. Reliance Infrastructure, an Indian private sector power utility company and the Reliance ADA Group promote Reliance Power. It has a market capitalisation of £587m, with approximately 43m shares in issue. Shri N. Venugopala Rao, Whole-time Director has superannuated from the services of the Company from the close of business hours on June 30, 2018. Further, the Committee has also devised a policy relating to remuneration for Key Managerial Personnel and Senior Management Employees. RPower - Home - CSR - Environmental-Banner RPower - Group - Add Banners All related party transactions were placed before the Audit Committee for approval. Butwal Power Company Limited (BPCL) Sector Hydro Power Shares Outstanding 29,522,702.00 Market Price 411.00 % Change 1.99 %: Last Traded On 2021/01/13 03:00:00 52 Weeks Low - High 465.00-302.00 180 Day Average 403.38 120 Day Average 420.80 1 Year Yield 22.32%: EPS 7.03 (FY:077-078, Q:1) P/E Ratio 58.46 Book Value 248.94 PBV 1.65 % Dividend 15.00 (FY:076-077) # Fiscal Year Value; 1. Bangladesh Authorities repetitive nature has expired with effect from May 2, 2018 of. 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And licenced from National stock Exchange Infrastructure, an Indian private sector Power utility and...