Why Reliance Power Share Price is Rising

India's power sector is focusing on renewable energy and infrastructure expansion to meet rising electricity demands.

India has transformed from power-deficit country to one with a surplus by creating a unified national grid, strengthening distribution, and ensuring electricity for all households.

However, one stock that is surging in this sector is Reliance Power.

Reliance Power is a major player in India, developing and operating power projects using both traditional and renewable energy sources.

Reliance Power share price surged 15% just three days, drawing strong investor interest.

So, what's behind this rally?

Let's take a closer look...

Green Energy Partnership

Shares of Reliance Power jumped 15% in just three days due to significant development in the company's renewable energy projects.

Reliance Power announced that its associate company Reliance Enterprise has formed a joint venture named GDL Reliance Solar in Bhutan to develop renewable energy projects.

The joint venture between Green Digital Private Ltd, a state-owned Bhutan enterprise, and Reliance Enterprises was incorporated on 24 July 2025, under Gelephu Mindfulness, a special administrative region in Bhutan, with a 50:50 partnership.

The new joint venture, GRSPL, operates in renewable and green energy. Reliance Enterprise has invested in 50% of the shareholding by subscribing to 225,000 giving Reliance Power an indirect 25% stake in the company.

This expansion boosted the company's presence in regional renewable energy, sparking optimism that drove the stock to consecutive upper circuits.

This could be the main reason for the share price to rise.

What Next?

Moving forward, Reliance Power plans to invest over Rs 100 bn in a solar power project manufacturing facility in Andhra Pradesh.

Reliance Power's subsidiary, Reliance NU Suntech, will develop a 930 MW solar plant with an 1,860 MWh battery storage system in Kurnool.

The company plans to upgrade its thermal plants for better efficiency and reduced emissions, meeting environmental regulations.

Reliance Power is looking to enter the green hydrogen sector, with its experience in power generation and distribution. It also plans to invest in smart grid technologies and energy storage solutions.

How Reliance Power Shares Have Performed Recently

In the past five trading sessions, shares of Reliance Power surged 17.8%.

The shares have fallen by 21% over the past month and are up 38.5% over the past year.

The stock touched its 52-week high of Rs 76.49 on 11 June 2025 and a 52-week low of Rs 29.21 on 4 September 2024.

About Reliance Power

Reliance Power is a key player in India's energy sector and operates under R-ADAG.

Established on 17 January 1995, the company originally operated as Bawana Power Private Limited before changing its name in July 2007.

Reliance Power develops, builds, and operates power projects in India, with a large portfolio of operational and upcoming generation projects.

It has a generation capacity of 5,945 MW across thermal and renewable energy sources.

The company, along with its subsidiaries, is developing coal, gas, hydro, wind, and solar-based energy projects.

For more details about the company, you can have a look at the Reliance Power fact sheet and quarterly results on our website.

Here are some peer group comparisons of Reliance Power:

Reliance Power vs NTPC Green Energy

Reliance power vs Adani power

Reliance power vs Tata power

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

Investors should evaluate the company's fundamentals, corporate governance, and valuations of the stock as key factors when conducting due diligence before making investment decisions.

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