Reliance Power Forms New Board of Management to Strengthen Governance and Clean Energy Push

Reliance Power has announced a major organisational change aimed at making the company more agile and better prepared for future growth. On Wednesday, 19 November, the company said its board of directors has approved the creation of a new Board of Management (BOM). This step is designed to improve governance and give stronger direction to the company’s strategic plans.

New Leadership Structure for Better Oversight

The newly formed BOM will include the company’s CEO, key managerial personnel, and senior business leaders. By bringing these leaders together in a dedicated management board, Reliance Power aims to streamline decision-making and improve the way it monitors and executes its business strategy.

The company noted that this structure reflects its long-term commitment to stronger governance, sharper oversight, and adopting leading industry practices. The goal is to add more stability and transparency while ensuring the organisation can respond quickly to new opportunities.

Focus on Clean Energy Expansion

At the same board meeting, the directors also reviewed the progress of ongoing investments under Reliance NU Energies, a subsidiary focused on future-ready power solutions.

Reliance Power has become one of the biggest players in India’s solar-plus-storage segment. It currently has up to 4 GW of solar power and up to 6.5 GW of battery energy storage systems (BESS) awarded on a competitive bidding basis. This places the company among the leading participants in India’s clean energy transition, with one of the largest integrated solar and storage portfolios in the country.

The company believes this strong pipeline will support the nation’s growing need for reliable and renewable power, especially as energy demand rises and storage solutions become more important.

Building a Future-Ready Platform

Reliance Power said that forming the new BOM and pushing ahead with clean energy investments shows its intention to build a robust and future-oriented growth platform. The company aims to position itself strongly in India’s evolving energy market, where renewable power and storage technologies are expected to play a central role.

Reliance Power Share Price Performance 

Despite the development, shares of Reliance Power closed slightly lower on 19 November, down 0.30% at ₹39.94 on the NSE.

Conclusion

Reliance Power’s decision to set up a Board of Management marks a significant shift in its leadership and governance approach. Combined with its growing presence in solar and battery storage, the company is laying the foundation for long-term growth and a stronger role in India’s clean energy future.

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