- CEO
- Neeraj Parakh
- Full Time Employees
- 1,277
- Sector
- Utilities
- Industry
- Independent Power Producers
- Address
- Reliance Centre Mumbai India 400 001
- IPO Date
- Feb 12, 2008
- Business
- Reliance Power Limited is a leading power generation company in India engaged in the development, construction, and operation of power projects primarily in the Indian market. The company’s core products and services include coal-based power generation; gas-based power generation; hydroelectric power projects; renewable energy solutions, particularly solar photovoltaic (PV) power generation and energy storage systems; and carbon credits trading. Its portfolio encompasses thermal power plants, combined cycle gas turbine (CCGT) plants, and rapidly expanding solar power projects including integrated solar and battery energy storage systems (BESS). Reliance Power operates a significant lineup of power projects across various states in India and has international interests, such as joint ventures for gas-based projects in Bangladesh.
The company emphasizes an integrated clean energy transition with a strong focus on solar PV and battery storage, recently launching Asia’s largest single-location solar plus battery project through its subsidiary Reliance NU Suntech. This project is backed by a landmark 25-year power purchase agreement and represents a major strategic shift toward renewable energy, supported by a ₹10,000 crore investment. Reliance Power is expanding its clean energy portfolio to over 2.5 GWp of solar capacity and more than 2.5 GWh of energy storage capacity, establishing itself as India’s largest player in the integrated Solar + BESS segment. Additionally, the company secured approval for a USD 600 million Foreign Currency Convertible Bonds (FCCB) issuance in 2025 to fund growth initiatives. Reliance Power’s recent operational focus blends conventional coal and gas power with a robust renewable pipeline, signaling a pivot toward sustainability alongside maintaining core thermal assets.
Founded in 1995 and headquartered in Navi Mumbai, Maharashtra, Reliance Power Limited is part of the Reliance Group. It operates under the Indian power generation industry segment serving wholesale power buyers, government entities, and industrial consumers within India. The company maintains partnerships and joint ventures, including a notable collaboration with JERA Corporation of Japan for a 750 MW gas-based combined cycle power project in Bangladesh. Reliance Power continues to pursue large-scale energy infrastructure development while aligning to national policies on renewable energy and sustainability targets.
This comprehensive approach and scale of operations position Reliance Power Limited prominently in India’s power sector as both a conventional energy producer and a pioneer in renewable energy integration, representing a dynamic shift in its product and service offerings over the last two years.