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Shareholding Info
  • Promoters
    24.5 %
  • Foreign institutions-FII
    7.66 %
  • Other domestic institutions
    5 %
  • Retail and other
    62.68 %
  • Mutual Funds
    0.17 %

About Reliance Power

One of the subsidiaries of the Reliance group, Reliance Power, has been established with the objective of developing, constructing, and operating power projects both domestically and internationally. By way of the company itself, as well as its subsidiaries, Reliance Power possesses a vast portfolio when it comes to power generation capacity, both in terms of operations as well as its capacity under development.Each power project will vary from the other on a number of metrics, such as location, type of fuel, source of the fuel, and the off-take. At the moment, Reliance Power has operational power generation assets with a capacity of as much as 6000 MW. At the moment, projects in the pipeline include three coal-fired projects, one gas-fired project, and twelve hydroelectric projects (across Arunachal Pradesh, Uttarakhand, and Himachal Pradesh).In addition to this, Reliance Power’s portfolio also boasts of the 3,690 MW Sasan Ultra Mega Power Project (situated in Madhya Pradesh). Finally, it is important to note that Reliance Power has also registered a range of projects with the executive board of the Clean Development Mechanism in order to obtain Certified Emission Reduction (CER) certificates.

Core Activities & Products

The key focus areas of Reliance Power’s business operations are as follows:
  1. Power Projects:When it comes to the generation of power, the company does so through varied means, as listed below:
    • Coal-Based Projects:The first is the Sasan Ultra Mega Power Project, located in Madhya Pradesh. Reliance Power’s crown jewel, this project, is also the world’s largest integrated coal mining and power generation project. With a capacity of 3,960 MW, this project has been responsible for supplying energy to over 42 Crore people over a period spanning 25 years.The next coal-based project is the Rosa Phase I and Rosa Phase II project. Located in Uttar Pradesh, this plant is capable of generating a total of 1,200 MW of thermal energy. It is by far the largest investment made by the private sector in the state and is the first thermal plant to be established in UP in the last 20 years.The final coal-based power project is the Butibori Power Project, located in Maharashtra. This plan can generate a total of 600 MW of thermal power and currently supplies the residents of Mumbai with power.
    • Gas-Based Projects:Reliance Power has struck a partnership with the Bangladesh Power Development Board to set up a combined cycle power project near Dhaka. With the production of LNG in Bangladesh and the operation of the plant, the industrial and economic growth of Bangladesh will receive a boost.In addition to this, another gas-based plant is currently being constructed in Samalkot, Andhra Pradesh, with a generation capacity of 2,400 MW.
    • Solar Power Projects:Reliance Power possesses two solar power projects that are currently operational. The first is the Rajasthan Sun Technique Energy Pvt Ltd. Built under the aegis of the Jawaharlal Nehru National Solar Mission, the plant can generate 125 MW of solar energy.The other solar power project operated by Reliance Power is the Dhursar Solar Power Pvt Ltd, which can generate 40 MW of solar energy.
    • Wind Power Projects:When it comes to the generation of wind power, Reliance Power has set up the Vashpet Wind project in Maharashtra. This plant has the capability of generating 45 MW of wind-based power and makes use of a 2.5 MW capacity turbine for the same.
    • Hydroelectricity Projects:Reliance Power has established a range of hydroelectricity plants across the country. Some of them include the Tato II project (Arunachal Pradesh – 700 MW), the Siyom project (Arunachal Pradesh – 1,000 MW), the Urthing Sobla project (Uttarakhand – 400 MW), the Shangling project (Himachal Pradesh – 44 MW), and the Teling project (Himachal Pradesh – 94 MW), to name a few.
  2. Renewable Energy Initiatives:In order to combat the adverse effects of climate change, Reliance Power is now laying an increased focus on exploring renewable sources of energy. With an increased focus on the same, the company is increasingly exploring solar energy as a viable alternative and is in the process of setting up multiple such projects across India.
  3. Carbon Credits:By ensuring sustained efforts to meet market protocols established under international conventions, Reliance Power has managed to amass one of the largest portfolios of Carbon Offsets, with a CDM registered portfolio of over 8,000 MW.

Board of Directors

  • Chairman: Anil Dhirubhai Ambani (sources say he has resigned)
  • Independent Director: Sateesh Seth
  • Independent Director: Dr Thomas Matthew
  • Independent Director: Vijay Kumar Sharma
  • Independent Director: Chhaya Virani
  • Independent Director: R Ashok
  • Non-Executive Director: K Raja Gopal

Key Executives

  • Chief Financial Officer: Akshiv Singhla
  • Manager and Company Secretary: Murli Manohar Purohit


A part of the Anil Dhirubhai Ambani Group, Reliance Power is one of India’s foremost power generation companies in the private sector. Possessing over 50 subsidiaries all across the country, Reliance Power works on establishing and running power projects both in India and abroad (having also signed a strategic agreement with China Datang). In India, the company has identified the scope for projects in western India (12,220 MW), northern India (9,080 MW), southern India (4,000 MW), and northeastern India (4,220 MW).

Registered Office:

Reliance Centre, Ground Floor,
19, Walchand Hirachand Marg,
Ballard Estate,
Mumbai 400 001


The strengths of the company that have had an effect on Reliance Power’s share prices and given it a competitive advantage in the market are as follows:
  1. Reliance Power has a massive capacity generation in the pipeline.
  2. The company has projects spread all across the country, enabling it to ideally capture a lion’s share of the market.
  3. Reliance Power makes use of advanced technology to obtain Carbon Credits for three of its Ultra Mega Power Projects (UMPP).
  4. The company offers a wide range of services, including the generation, exploration, and distribution of power sources.
  5. The backing of the Reliance Group of Industries makes it a formidable force.

CSR and Sustainability

Reliance Power has made sure to ingrain the principles of corporate social responsibility into its business functions, in the process motivating employees and pushing suppliers and partners to champion ethical business practices. As a part of its CSR mandate, Reliance Power focuses on the following domains:
  • Education
  • Rural Transformation
  • Healthcare
Some of its CSR initiatives include:
  1. Education – Hamari Paathshala
  2. Healthcare – Swasth Chetna
  3. Rural Development – Unnati
  4. Sanitation – Swasth Bharat Abhiyan
  5. Environment – Go Green Initiative

COVID-19 Impact

In FY22, once the lockdown was lifted, the Indian power sector was witness to an addition to the installed generation capacity that was below par as per targets and augmented demand post the lockdown, It also witnessed the further narrowing of the energy deficit and the continued challenges of liquidity and financial stress. Reliance Power, like other companies in the sector, witnessed a dwindling demand during the pandemic. However, once the restrictions were lifted, the company witnessed a rapid rise in demand for all forms of energy.

Future Prospects

The future prospects of Reliance Power include:
  1. Within the next few years, the company aims to set up colossal power plants in coal-rich states such as Jharkhand and Orissa.
  2. Reliance Power has many projects that are currently yet to become operational, and when they are ready, will give a huge impetus to the company’s stake in India’s power sector.
  3. Reliance Power aims to step up its international collaborations and partnerships in the years to come.

Did You Know!

Reliance Power is responsible for power distribution to a multitude of places in India. These include BSES Delhi, BSES Yamuna Reliance Power Mumbai, BSES Odisha, BSES Rajdhani, and BSES Kerala, generating a revenue of $1.5 Billion.

Initial Public Offering

The Reliance Power IPO was listed on both the NSE as well as the BSE. It was launched in January 2008, and a total of 26,00,00,000 shares were listed. These equity shares were offered to the public at a price of Rs.405 – Rs.450 per share.

Equity Shares

After news broke out that Anil Ambani was asked to step down from the Board of Reliance Power, RPower shares fell by 5% in March 2022. In addition to this, the company, which is already swimming in debt, has now been charged with insolvency, given its inability to repay lenders. In spite of this, the RPower shares have offered shareholders a return of 165% over a year’s duration.
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