Anil Ambani Reliance Power’s share price recently attracted attention by reaching its highest level after 2018. The company’s focus on renewable energy projects and important contract wins contributed to a notable surge in market value. However, the stock saw some profit booking soon after touching the multi-year peak.
On June 2, 2025, Anil Ambani Reliance Power’s share price reached a peak of ₹62.80 on the National Stock Exchange, the highest level after 2018. However, the stock on June 3, retreated, falling by 4.74% to trade below ₹60 by early afternoon, ending its 3-day rally.
The share price of Reliance Power rose sharply by approximately 45% during May 2025. This strong performance was driven by positive news related to the company’s renewable energy projects and strategic initiatives.
A key catalyst for the price surge was Reliance NU Energies Private Limited, a subsidiary of Reliance Power, receiving the Letter of Award from SJVN Limited. The project includes a 350 MW interstate solar power plant linked to a 175 MW / 700 MWh Battery Energy Storage System, boosting the company’s clean energy portfolio.
Once commissioned, this initiative will add 600 MW of solar direct current capacity and 700 MWh of battery energy storage capacity to Reliance Power. The company now holds India’s largest integrated solar and battery storage pipeline, with 2.4 GW of solar DC capacity and over 2.5 GWh of storage capacity.
Reliance NU Energies secured the project in a highly competitive auction conducted by SJVN at a fixed tariff of ₹3.33 per kilowatt hour for 25 years. The tender was significantly oversubscribed, reflecting strong market interest in renewable energy.
Read More: Reliance Power Wins Solar JV with Bhutan and Q4 FY25 Earnings!
This project reflects Reliance Power’s commitment to transitioning towards sustainable energy sources and strengthening its position as a leader in renewable energy solutions in India.
The recent fluctuations in Reliance Power’s share price highlight how developments in renewable energy projects are closely followed by investors. The company’s expanding clean energy portfolio remains a key factor influencing its market movements, reflecting the broader trends in India’s power sector.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Jun 3, 2025, 2:33 PM IST
Team Angel One
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