Electricity transmission towers stand in farm land in the Marathwada region of Maharashtra, India. (Photographer: Karen Dias/Bloomberg)

Reliance Power Posts Biggest-Ever Quarterly Loss On Gas, Solar Write-Offs

Anil Ambani’s Reliance Power Ltd. reported its biggest quarterly loss as it wrote off investments in gas-based and solar generating units.Net loss stood at Rs 3,560 crore in the quarter ended March...