Reliance Power Limited has clarified the status of two former key executives in response to media inquiries. The company confirmed that Amitabh Jhunjhunwala, who served as the Group Managing Director of the Reliance Group and Vice Chairman and Director of Reliance Capital Limited, left the group in September 2019. Since his departure nearly seven years ago, he has had no association with Reliance Infrastructure Limited or Reliance Power Limited.
Similarly, Amit Bapna, who held the position of Chief Financial Officer of Reliance Capital Limited and was a Director of Reliance Home Finance Limited, exited the Reliance Group in December 2019. Like Jhunjhunwala, Bapna has not been associated with Reliance Infrastructure Limited or Reliance Power Limited since his departure.
The Reliance Group, which includes Reliance Infrastructure Limited and Reliance Power Limited, boasts a combined investor base of approximately 50 lakh shareholders. The group serves millions of customers and consumers across various sectors.
Reliance Infrastructure Limited is recognised as one of the largest infrastructure companies in India, with projects in high-growth sectors such as power, roads, metro rail, and defence. The company is a significant player in providing engineering and construction services for developing power, infrastructure, metro, and road projects.
Reliance Power Limited, on the other hand, is one of India’s leading power generation companies with a total installed capacity of 5,305 MW. This includes the Sasan Ultra Mega Power Project in Madhya Pradesh, which is the largest integrated thermal power plant in the world.
For further information, interested parties can contact Daljeet Singh at 9818802509 or via email at [email protected], and Biswajit Baruah at 9920747639 or [email protected].
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).