Reliance Infra Settles Rs 2.73 Billion Yes Bank Loan

25 Jun 2025 CW Team

Reliance Infrastructure Ltd has fully repaid the Rs 2.73 billion loan—including interest—owed by its wholly owned subsidiary JR Toll Road (JRTR) to Yes Bank.

An addendum to the original settlement agreement, first signed on 26 November 2024, was executed on 23 June, confirming that all outstanding debt has been cleared. As a result, Reliance Infrastructure’s obligation as corporate guarantor has also been discharged, bringing the matter to a close.

The company stressed that Yes Bank neither holds shares in Reliance Infrastructure nor forms part of its promoter group, underscoring that the transaction is entirely arm’s length.

Ongoing debt-reduction drive

The settlement forms part of Reliance Infrastructure’s wider strategy to strengthen its balance-sheet. In financial year 2024-25 the firm cut standalone borrowings from banks and financial institutions by roughly Rs 33 billion, reducing such debt to nil as at 31 March.

Market reaction

Reliance Infrastructure’s share price has climbed about 23 per cent over the past month, buoyed by major order wins in defence and solar projects and continued progress on deleveraging.

Infrastructure Energy

14 Oct 2025

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..