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JIPL, on its part, has undertaken comprehensive and concurrent efforts on a number of parallel tracks for development of the Project and completed all development period obligations under the PPA, which were not dependent on the inputs from the Procurers.However, in-spite of more than 25 review meetings and extensive and continuous follow-ups with the State Government of Jharkhand over last 5½ years, the required land is yet to be made available.Mumbai, April 28, 2015: Reliance Power today announced that, it’s wholly owned subsidiary, Jharkhand Integrated Power Limited (JIPL), has terminated the Power Purchase Agreement (PPA) of its 3,960 MW Tilaiya Ultra Mega Power Project (UMPP) in District Hazaribagh, in the State of Jharkhand.Based on tariff-based bidding managed by Power Finance Corporation (PFC), Reliance Power was awarded the Tilaiya UMPP in February 2009.

Reliance Capital Asset Management Limited (RCAM) is India’s leading AMC in India in terms of AUM and profitability. 2,44,000 crore (US$ 40 billion) as of 31st March 2015 across mutual funds, government sponsored public funds, managed accounts, AIF and offshore funds.

In recent years, Reliance Capital Asset Management has been expanding its offshore capabilities and has managed and advised assets of over USD

Reliance Capital Asset Management Limited (RCAM) is India’s leading AMC in India in terms of AUM and profitability. 2,44,000 crore (US$ 40 billion) as of 31st March 2015 across mutual funds, government sponsored public funds, managed accounts, AIF and offshore funds.

In recent years, Reliance Capital Asset Management has been expanding its offshore capabilities and has managed and advised assets of over USD$1.5 billion.

“Indian asset management market has grown by around 12 per cent per annum since 2008 to US$ 190 billion and offers tremendous potential to overseas investors.

Reliance Power’s strong project execution capabilities have been well-demonstrated in its Sasan UMPP in District Singrauli, in the State of Madhya Pradesh.

It recently announced successful achievement of Power Station Commercial Operation Date (COD) by operating all six units comprising 3960 MW capacity.

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Reliance Capital Asset Management Limited (RCAM) is India’s leading AMC in India in terms of AUM and profitability. 2,44,000 crore (US$ 40 billion) as of 31st March 2015 across mutual funds, government sponsored public funds, managed accounts, AIF and offshore funds.In recent years, Reliance Capital Asset Management has been expanding its offshore capabilities and has managed and advised assets of over USD$1.5 billion.“Indian asset management market has grown by around 12 per cent per annum since 2008 to US$ 190 billion and offers tremendous potential to overseas investors.Reliance Power’s strong project execution capabilities have been well-demonstrated in its Sasan UMPP in District Singrauli, in the State of Madhya Pradesh.It recently announced successful achievement of Power Station Commercial Operation Date (COD) by operating all six units comprising 3960 MW capacity.

.5 billion.

“Indian asset management market has grown by around 12 per cent per annum since 2008 to US$ 190 billion and offers tremendous potential to overseas investors.

Reliance Power’s strong project execution capabilities have been well-demonstrated in its Sasan UMPP in District Singrauli, in the State of Madhya Pradesh.

It recently announced successful achievement of Power Station Commercial Operation Date (COD) by operating all six units comprising 3960 MW capacity.

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