Anil Ambani group firm Reliance energy(REL) on Sunday announced
that its subsidiary,Reliance Power Limited(RPL),would soon go public
raising about $3 billion or 12000 crore.The IPO is aims at part financing its
Rs 1,00,000 crore investment plan for setting up coal, gas and hydro power projects.The IPO is believed to be the largest ever in the stock market ,exceeding that of the reality giant DLF’s IPO which raised about Rs 9000 crores very recently.The public issue would give RPL an initial market cap of  about $20 billion and place the company among the 20 most valued firm listed in the Indian share market.

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