Reliance Power Shares Soar to 52-Week High on Solar Project Win and Profit Turnaround
Reliance Power Limited (RPower) shares surged 5.50% to Rs 61.38, reaching a new 52-week high. The company secured a 350 MW solar power project with 175 MW/700 MWh battery storage. RPower reported a Q4 net profit of Rs 126.00 crore, reversing previous year's loss. The company's debt-to-equity ratio improved to 0.88:1, indicating stronger financial health.
30May 25
Reliance Power Subsidiary Secures 350-MW Solar Project with Battery Storage
Reliance NU Energies, a subsidiary of Reliance Power, has been awarded a 350 MW solar power project with a 175 MW/700 MWh Battery Energy Storage System by SJVN Limited. The project, secured through competitive bidding, comes with a fixed tariff of ₹3.33 per kWh for 25 years. This addition will expand Reliance Power's clean energy portfolio to 2.4 GW of Solar DC capacity and 2.5 GWh of BESS, reinforcing the company's position in the renewable energy sector.
29May 25
Reliance Power's Subsidiary Secures 350 MW Capacity in SJVN Auction
Reliance Power's subsidiary, Reliance Nu Energies, has won a 350 MW capacity in an auction by SJVN Limited. The project includes 600 MW solar DC capacity and 175 MW/700 MWh of Battery Energy Storage System. The company secured the project with a competitive tariff of INR 3.33 per kWh. With this addition, Reliance Power claims to be India's largest player in the Solar + BESS segment, boasting 2.4 GW of solar capacity and 2.5 GWh of storage capacity.
28May 25
Reliance Power Secures 350 MW Solar and Battery Storage Project in SJVN Auction
Reliance Power's subsidiary, Reliance Nu Energies, has won a 350 MW solar power project with battery energy storage system (BESS) in an auction by SJVN. The project includes 600 MW of solar DC capacity and 175 MW/700 MWh of BESS capacity. With a competitive bid of ₹3.33 per kWh, Reliance Power now claims to be India's largest player in the Solar + BESS segment, boasting 2.4 GW of solar capacity and over 2.5 GWh of storage capacity.
26May 25
Reliance Power Stock Surges 22% in 6 Days as Q4 Profit Hits Rs 126 Crore
Reliance Power's stock price has risen 22.2% over six trading sessions, reaching Rs 55.10. The company reported a Q4 net profit of Rs 126.00 crore, a significant turnaround from last year's loss. Despite a 4.34% revenue decrease, EBITDA increased by 87.83% to Rs 677.50 crore. The Operating Profit Margin improved to 29.82%. The stock has gained 91.70% over the past year and 14.30% year-to-date. However, the company still reported an annual net loss of Rs 2,242.20 crore for the previous fiscal year.
19May 25
Reliance Power Ventures into Bhutan with 500 MW Solar Project
Reliance Power Limited has signed a commercial term sheet with Green Digital Private Limited for a 500 MW solar power project in Bhutan. The ₹2,000 crore project, to be implemented as a 50:50 joint venture, is set to become Bhutan's largest solar initiative. The project is scheduled for completion within 24 months, marking Reliance Power's strategic expansion into the international renewable energy market.
19May 25
Reliance Power Partners with Bhutan's Green Digital for 500 MW Solar Project
Reliance Power has signed a commercial term sheet with Green Digital Private Limited for a 500 MW solar power project in Bhutan. The ₹2,000 crore project, to be developed over 24 months, marks Bhutan's largest FDI in solar energy and Reliance Power's entry into international power supply operations. The agreement includes a long-term Power Purchase Agreement, signifying a sustained partnership.
Reliance Power Shares Surge 9% on Q4 Results and Major Solar Order
Reliance Power Ltd posted a consolidated net profit of ₹126.00 crore in Q4 FY25, compared to a loss of ₹397.56 crore in Q4 FY24. The company's full-year profit for FY25 was ₹2,947.83 crore. Reliance Power completed debt servicing of ₹5,338.00 crore over the past year, improving its debt-to-equity ratio to 0.88:1 from 1.61:1. The company's subsidiary, Reliance NU Energies, secured a significant solar power order. Following the results announcement, Reliance Power's stock price increased by over 9%.
09May 25
Reliance Power Reports Q4 FY25 Profit of Rs 126 Crore, Reverses Previous Year's Loss
Reliance Power reported a consolidated net profit of ₹126.00 crore in Q4 FY25, reversing a ₹397.56 crore loss from Q4 FY24. Total income decreased by 5.83% to ₹2,066.00 crore. The company significantly reduced its debt by ₹5,338.00 crore over 12 months, improving its debt-to-equity ratio from 1.61:1 to 0.88:1. For the full fiscal year 2025, Reliance Power posted a consolidated net profit of ₹2,947.83 crore.
Reliance Power Subsidiary Inks 25-Year PPA for Massive Solar and Battery Project, Stock Rises
Reliance Power's subsidiary, Reliance NU Suntech, has signed a 25-year Power Purchase Agreement with SECI for Asia's largest integrated solar and Battery Energy Storage System project. The 930 MW solar power project with 465 MW/1,860 MWh BESS represents an investment of up to ₹10,000 crore. The project, secured through a competitive bidding process, will have a fixed tariff of ₹3.53 per kWh and is expected to be completed within 24 months. This development has led to a 3% increase in Reliance Power's share price.