Market Performance
The Reliance Power share price continued its bullish run for the third straight session on Monday, rising 7.79% to ₹62.80 on the BSE. This marked a new 52-week high for the stock, with an overall gain of 21% in just one week.
Key Performance Highlights:
- Daily gain: +7.79%
- Weekly gain: Over 21%
- Previous session jump: 11%
- Volume traded on Monday: ~61 Crore shares
- One-week average volume: ~27 Crore shares
- One-month average volume: ~13 Crore shares
Such high trading volumes signal strong investor interest and market momentum.
Main News
The surge in Reliance Power's share price was driven by a significant development in its renewable energy portfolio.
On May 28, the company announced a major project win through its subsidiary, Reliance NU Energies Private Limited. It received a Letter of Award from SJVN, a Navratna Central Public Sector Enterprise (CPSE), for a large-scale solar and battery storage project.
Project Details:
- Capacity: 350 MW ISTS-connected Solar Project
- Battery Storage: 175 MW / 700 MWh BESS
- Tariff: ₹3.33/kWh (fixed for 25 years)
This project strengthens Reliance Power's position in the renewable energy sector.
Company Details
The awarded project will add the following:
- 600 MW of Solar DC capacity
- 700 MWh of Battery Energy Storage
This expands the company's clean energy pipeline to:
- 2.4 GW of Solar DC
- 2.5 GWh of BESS
With these additions, Reliance Power has become the most significant player in India's integrated solar and battery energy storage system (BESS) segment.
The subsidiary had emerged as the successful bidder in a competitive auction conducted by SJVN.
Share Price Growth Overview
Long-Term Share Performance:
- 1-month gain: 53%
- 3-month gain: 85%
- YTD gain (2025): 38%
- 1-year return: 151%
- 2-year gain: 370%
- 5-year gain: 2,800%
The Reliance Power share price has delivered multi-bagger returns, outperforming broader market indices and attracting attention from retail investors.
Summary
The Reliance Power share price hit a fresh 52-week high after surging nearly 8% in a single session, fueled by a strong renewable energy project win. With a rapidly expanding clean energy portfolio and record-breaking stock performance, Reliance Power is emerging as a dominant player in India's green energy transformation. The surge in trading volume reflects increasing investor confidence in the company's growth trajectory.
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