Vistra ITCL Releases Entire 26% Stake in RattanIndia Power Limited Aug 07, 2025
More news about RattanIndia Power
23Jul 25
RattanIndia Power Appoints Ravi Kumar Pakalapati as Additional Director and Whole Time Director
RattanIndia Power Limited's Board has appointed Ravi Kumar Pakalapati as an Additional Director and Whole Time Director for a five-year term, pending shareholder approval. Pakalapati, currently Senior General Manager and Station Head at RPL's Amravati power plant, brings over 23 years of power sector experience. His background includes roles at Adani Power Maharashtra Limited, ERA Infra Engineering Ltd, ESSAR Construction, and Lucky Engineering Services. Pakalapati has expertise in both thermal and solar power projects.
23Jul 25
RattanIndia Power Reports Q1 Net Loss of ₹131 Crore Amid Revenue Decline
RattanIndia Power Limited reported a net loss of ₹131.00 crore in Q1, compared to a profit of ₹930.00 crore in the same quarter last year. Revenue decreased by 11.80% to ₹821.96 crore. EBITDA fell to ₹966.00 crore from ₹1,800.00 crore, with the EBITDA margin compressing to 11.76%. Despite financial challenges, the company maintained strong operational performance with a Plant Load Factor of 90.62% and Plant Availability of 97%. The Amravati plant was the top-performing plant in Maharashtra among all IPPs, State, and Central Gencos.
07May 25
RattanIndia Power: Q3 Net Profit Plummets, Q4 Shows Turnaround
RattanIndia Power Ltd. experienced a mixed fiscal year 2023-24. Q3 saw a significant drop in net profit to ₹125.94 crore from ₹10,665.75 crore year-over-year, largely due to the absence of previous year's exceptional gain. However, Q4 marked a turnaround with a net profit of ₹4.30 crore, reversing the Q3 loss of ₹1.40 crore. Q4 revenue increased by 6.84% to ₹824.20 crore, while EBITDA margin improved to 22.00%. The company also reduced interest expenses by 6.38% in Q4.
13Mar 25
RattanIndia Power Faces Setback as Delhi High Court Dismisses Petition Against Rs 115 Crore Arbitral Award
RattanIndia Power Limited's petition challenging a Rs 115 crore arbitral award in favor of BHEL has been dismissed by the Delhi High Court. The award includes 18% annual interest on the principal amount. RPL plans to appeal the decision to the Division Bench of the Delhi High Court. The company promptly disclosed this development to stock exchanges in compliance with SEBI regulations.
12Mar 25
RattanIndia Power Faces Setback in Rs 115 Crore BHEL Arbitration Case
RattanIndia Power Limited's petition challenging a Rs 115 crore arbitral award in favor of Bharat Heavy Electricals Limited (BHEL) has been dismissed by the Delhi High Court. The award, dated July 27, 2017, includes the principal sum plus 18% annual interest. RattanIndia Power plans to appeal the decision before the Division Bench of the Delhi High Court. The company received the court order on March 11, 2025, and has committed to updating stakeholders on further developments.
07Mar 25
RattanIndia Power Faces Legal Setback as High Court Upholds ₹115 Crore Arbitral Award
RattanIndia Power Limited (RPL) has lost a significant legal battle as the High Court dismissed its plea and upheld an interim arbitral award of ₹115 crore in favor of Bharat Heavy Electricals Limited (BHEL). This ruling could have substantial financial implications for RPL. Simultaneously, the company announced a change in key management, with Mr. Lalit Narayan Mathpati replacing Mr. Gaurav Toshkhani as Company Secretary, Compliance Officer, and Key Managerial Personnel, effective March 7, 2025.