Overview

• Shares jumped over 7% on June 11 to close at Rs76.49, pushing Reliance Power’s market capitalization above Rs31,500 crore.
• The rally follows a 25-year power purchase agreement with SECI for Asia’s largest single-location solar and battery energy storage project.
• Reliance Power reported a consolidated net profit of Rs125.60 crore in Q4 FY25, reversing a loss of Rs397.56 crore from a year earlier.
• In May, the company raised Rs350 crore through a preferential share issue to strengthen its balance sheet.
• Reliance Power partnered with Druk Holding and Investments on a Rs2,000 crore joint venture to develop Bhutan’s largest solar power project.