Anil Dhirubhai Ambani Group company Reliance Energy is going to file DRHP for its subsidiary Reliance Power issue today, according to sources.
The board approved a proposal by Reliance Power, a company promoted by Reliance Energy and Reliance ADAG, to undertake an IPO of equity shares on Sunday.
The company, money raised through the issue, is aimed at part-financing its about Rs 100,000 investment plan for setting up coal, gas and hydro power projects in the country.
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