Reliance Power shares see sudden spike, surge over 14% to hit 52-week high; stock zooms 140% in 12 months

On the BSE too, the scrip hit its 52-week high level of ₹59.75.

On Wednesday, May 28, Reliance Power said its arm Reliance NU Energies has received a letter of award for a 350 MW solar power project coupled with a 175 MW/700 MWh Battery Energy Storage System from SJVN.

Once commissioned, the platform will add 600 MW of solar DC capacity, and 700 MWh of BESS capacity to Reliance Power’s portfolio, consolidating its leadership in new energy solutions, a company statement said.

The company's total clean energy pipeline now stands at 2.4 GW of Solar DC capacity and over 2.5 GWH of BESS capacity, making it India's largest player in the integrated Solar and BESS segment, it stated.

Reliance NU Energies had earlier emerged as the successful bidder in the competitive auction conducted by SJVN, securing the project at a fixed tariff of Rs 3.33/kWh for a period of 25 years.

The project was part of a larger 1,200 MW solar and 600 MW/2,400 MWh BESS tender, which attracted participation from 19 developers, with 18 qualifying for the final e-reverse auction.

The tender was oversubscribed by more than 4 times, reflecting heightened industry interest in dispatchable renewable energy solutions.

Reliance Power, part of the Reliance Group, is one of India's leading private sector power generation companies.

The company has an operating portfolio of 5,305 megawatts, that includes 3,960 megawatts Sasan Power Ltd -- world's largest integrated coal based power plant.

Reliance Power Q4 FY25 Results

Reliance Power posted a consolidated net profit of ₹126 crore in January-March quarter of FY25 (Q4 FY25) due to lower expenses.

The company had reported a loss of ₹397.56 crore in the quarter ended on March 31, 2024, a regulatory filing showed.

Total income dipped to ₹2,066 crore in the later fourth quarter from ₹2,193.85 crore logged in the same period a year ago.

Total expenses declined to ₹1,998.49 crore in the quarter under review from ₹2,615.15 crore a year ago.

During the 2024-25 fiscal, the annual consolidated net profit stood at ₹2,947.83 crore.

The company had reported a loss of ₹2,068.38 crore in 2023-24.

The company has completed debt servicing of ₹5,338 crore, including maturity repayment, in 12 months.

Its debt-to-equity ratio reduced from 1.61:1 in FY24 to 0.88:1 in FY25.

Reliance Power share price trend

Shares of the company have surged over 140% in the past 12 months, nearly 34% so far in 2025, and arond 54% in the past six months.