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Reliance Power has completed its deal with Axis Bank DBS and ICICI Bank to settle its outstanding dues, marking a significant step towards achieving a debt-free status. The company is poised to soon eliminate its debts. Additionally, in a recent development, Reliance Power successfully divested its 45MW wind power project to JSW Energy, bolstering its financial outlook for the future.
The stock market has taken notice of Reliance Power's continued efforts to attain a debt-free status and strengthen its financial position. As a result, the company's share price has surged significantly, reflecting investor optimism in response to these recent developments.
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