Reliance Power, Reliance Infra to raise Rs 9,000 crore each |...

Reliance Power, Reliance Infra to raise Rs 9,000 crore each

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Reliance Infrastructure and Reliance Power announced on Wednesday their boards' approval to raise up to Rs 9,000 crore each through a mix of financial instruments. Both companies plan to raise up to Rs 6,000 crore through equity or linked instruments, potentially via QIP or a follow-on public offer.

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