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Reliance Power may foray abroad

Saturday, January 5, 2008

Ahmadabad: Anil Ambani group’s Reliance Power plans a foray into foreign countries for power generation. “I do not believe (that) India alone will be our domain,” Reliance Power chairman Anil Ambani told reporters here today while announcing the company’s initial public offer, aimed at raising close to $ 3 billion, the country’s largest IPO. “We are hoping that the Singapore government will soon allow private partnership in power generation. We also want to have presence in the west Asian countries,” Ambani said.

Source : http://www.mumbaimirror.com

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