May 27, 2025
Reliance Power has recently gained attention as one of the standout performers in the Indian stock market.
In this editorial, we will explore what has fuelled Reliance Power’s recent share rally.
Read on…
#1 Bhutan Solar Energy Deal
Reliance Power share price surges after the company signed agreement with Green Digital Private Ltd, owned by Royal Government of Bhutan.
Reliance Power and Bhutan’s DHI will develop a 500 MW solar power project in a 50:50 join venture, with an investment of Rs 20 billion (bn). This will be the largest foreign direct investment in Bhutan and the country’s largest solar power project.
Reliance Power has started the tender process for the project’s construction and is working with financial institutions to secure funding. This aims to ensure the project is technically sound, cost effective, and sustainably financed.
This solar project will fit well with Reliance Power’s growing clean energy portfolio, which includes 2.5 GWp solar and over 2.5 GWh battery energy solar system. It supports Bhutan’s goals of energy security and sustainability.
What’s Next?
Reliance Power’s subsidiary Reliance NU Suntech will build a massive 930 MW solar power plant with an 1,860 MWh battery storage system in Kurnool.
This is claimed to be Asia’s largest solar project of its kind. It will be operated within two years after finalizing a power purchase agreement.
Reliance NU Energies won a tender to build a 350 MW solar power project with 700 MWh storage for SJVN, expanding its clean energy presence.
Reliance power is also investing Rs 65 bn in an integrated solar manufacturing facility near Visakhapatnam.
India aims to have over 500 GW of renewable energy capacity by 2031-32.
Reliance Power will benefit from being a part of the renewable energy megatrend in India.
How Reliance Power Share Price has Performed Recently
In the last one month, Reliance Power’s share price has surged almost 23%. Over the last six months, the company has seen an almost 40% surge in its share price.
The stock touched its 52-week high of Rs 55.1 on 26 May 2025 and a 52-week low of Rs 23.26 on 05 June 2024.
About Reliance Power
Reliance Power is a key player in India’s energy sector and operates under R-ADAG.
Established on 17 January 1995, the company originally operated as Bawana Power Private Limited before changing its name in July 2007.
Reliance Power develops, builds, and operates power projects in India, with a large portfolio of operational and upcoming generation projects.
It has a generation capacity of 5,945 MW across thermal and renewable energy sources.
The company, along with its subsidiaries, is developing coal, gas, hydro, wind, and solar-based energy projects.
For more details about the company, you can have a look at the Reliance Power fact sheet and quarterly results on our website.
Here are some peer group comparisons of Reliance Power:
Reliance Power vs NTPC Green Energy
Reliance power vs Adani power
Reliance power vs Tata power
To know what’s moving the Indian stock , markets today, check out the most recent share market updates here.
Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. Learn more about our recommendation services here…
Be First to Comment