Anil Ambani-led Reliance Power announced the successful settlement of debt amounting to Rs 1,023 crore owed by its subsidiaries, Kalai Power Private Limited and Reliance Cleangen Limited. The debt resolution, disclosed in an exchange filing, involved a debt settlement and discharge agreement signed with Reliance Commercial Finance Ltd (RCFL) on March 26, 2024. RCFL, a wholly-owned subsidiary of Authum Investment and Infrastructure Limited, facilitated the resolution. The agreement marks the resolution of the entire outstanding consolidated debt, providing relief to Reliance Power and its subsidiaries.