Repayment to bolster Sasan Power's debt coverage metrics, improve liquidity, and enhance its credit rating. It will further strengthens Reliance Power's balance sheet as the company transitions its focus toward the renewable energy sector
During the year (2020-21), the company posted record performance with the highest ever sanctions and disbursements at Rs 20,892 crore and Rs 9,460 crore, respectively.
Former Finance Secretary said he "did not share a good and productive working relationship" with Sitharaman, who came to the finance ministry "with some pre-conceived notions about me"