Market Buzz: Reliance Power Share Price Surges
Reliance Power's share price jumped nearly 4% on May 19, capturing investor attention after the company announced a major solar power project in Bhutan. The stock touched an intraday high of ₹46.72, marking a sharp uptrend.
- Monthly Gain: Almost 16% rise in May
- 1-Year Performance: Up nearly 77%
This rally aligns with the company's growing focus on clean energy expansion and international collaborations.
Major Solar Project in Bhutan Announced
The day's highlight came with Reliance Power's strategic agreement with Green Digital Private Limited (GDL), owned by the Royal Government of Bhutan.
Key Highlights of the Project:
- Joint Venture: 50:50 partnership between Reliance Power and GDL
- Project Size: 500 MW solar power installation
- Investment: ₹2,000 crore
- FDI Milestone: Largest private sector foreign direct investment in Bhutan's solar sector
- Model: Build-Own-Operate (BOO)
- Timeline: Project to be implemented in phased tranches over 24 months
This move is expected to revolutionize Bhutan's solar energy landscape, significantly expanding its renewable energy generation.
Company Strategy & Clean Energy Vision
Reliance Power stated that this initiative reflects its long-term strategy of advancing clean energy and reinforcing ties between India and Bhutan.
Clean Energy Pipeline:
- Solar Capacity: 2.5 GWp
- Battery Energy Storage System (BESS): Over 2.5 GWhr
This positions Reliance Power as India's most significant integrated Solar + BESS player, underlining its renewable leadership.
Financial Snapshot: Q4 FY25
Reliance Power also released its financial results for the January-March quarter (Q4 FY25), reflecting a significant turnaround.
Net Profits:
- Q4 FY25: ₹126 crore
- Q4 FY24: Loss of ₹397.56 crore
Revenue:
- Q4 FY25: ₹2,066 crore
- Q4 FY24: ₹2,193.85 crore
Despite a marginal decline in income, the company swung to profitability primarily due to reduced expenses.
Summary
The recent Reliance Power share price gain is driven by strategic international expansion and improved financial performance. The ₹2,000 crore solar project in Bhutan reinforces its renewable energy commitment and enhances its global presence.
With consistent progress in clean energy and a strong Q4 recovery, Reliance Power continues to evolve as a major player in the Indian energy sector.
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