EBITDA Levels Are Adequate To Service Long-term Debts: K Rajagopal, Reliance Power
  • WebDesk BTVI
  • Jun 10 2019

K Rajagopal, CEO, Reliance Power, said that reason for Q4 loss was on the account of one-time impairment on a few stressed assets, such as gas based assets and solar based asset, he also said that the company has adequate levels of EBITDA to fund debt and it has been performing well relative to the power sector. The UP power plant is demonstrating a strong operational performance, which is expected to contribute to a higher topline around Rs 9,000 - 9,500 crores.