Reliance Power Share Price

About Reliance Power

Core Activities & Products

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

Presence

Registered Office:

Strengths:

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

COVID-19 Impact

Future Prospects

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!

Initial Public Offering

Equity Shares