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Rattanindia
RattanIndia group, formerly named India Bulls Power,〔(【引用サイトリンク】title=RattanIndia commissions fourth unit in Amravathi plant )〕 is a US $1 billion (INR 6500 crore) net worth business conglomerate with business interests in power generation, cement and mining. RattanIndia Power Limited is developing 5400 MW of coal based thermal power projects Amravati and Nasik in Maharashtra. It has currently installed and operational capacity of 1620 MW which is expected to be 2700 MW by end of year 2015. Mr. Rajiv Rattan is the founder chairman of the group. == History == Mr. Rajiv Rattan, co-founded Indiabulls group in year 1999. As a co-founder and ex-Vice Chairman of Indiabulls group, he played an important role in scaling up various businesses and transforming it into US $3 billion (INR 19320 Cr) business conglomerate with business interests in consumer finance, Securities, Real Estate, Power Generation, securities and Information Technology. The power and infrastructure business of Indiabulls group was hived off in July 2014 and rechristened as RattanIndia Power Limited and RattanIndia Infrastructure Limited. Mr. Rajiv Rattan bought out the shares of other promoters in Power and Infrastructure businesses, while retaining his holding in Indiabulls Housing Finance and Indiabulls Real Estate.
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