Reliance Power Shares Rise 7%, Extend Gains for 4th Session on Jun 11; Here’s What’s Driving the Rally

On June 11, 2025, Reliance Power Ltd. (NSE: RPOWER) surged to a new 52-week high of ₹76.11, marking a sharp rise of 6.68% from the previous close of ₹71.24. The stock opened at ₹73.18 and saw strong intraday momentum, with the volume-weighted average price (VWAP) recorded at ₹74.27.

Backed by robust investor interest, over 18.18 crore shares were traded, translating to a hefty ₹1,350.30 crore in total traded value. The company’s market capitalization now stands at ₹31,330.78 crore.The stock has gained around 16% in the last 3 sessions.

Key Project Wins Boost Investor Sentiment

Much of the positive market sentiment stems from a landmark deal signed by Reliance NU Suntech, a subsidiary of Reliance Power. The company inked a 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) for Asia’s largest single-location solar-plus-storage project.

The initiative involves the development of 930 MW of solar capacity coupled with a 465 MW/1,860 MWh battery energy storage system (BESS), and entails an investment of up to ₹10,000 crore over the next two years.

Another group firm, Reliance NU Energies, also bagged a 350 MW solar-BESS project from SJVN and entered into a strategic agreement with Bhutan’s Druk Holding and Investments Ltd. to jointly develop the country’s largest solar energy project. These developments have significantly bolstered the company’s renewable energy portfolio and growth prospects.

Financial Revival Strengthens Outlook

Reliance Power has also made strides in strengthening its financial position. In May 2025, the company raised ₹348.15 crore through preferential allotments. It issued 9.55 crore equity shares to its promoter, Reliance Infrastructure, and an additional 1 crore shares to Basera Home Finance Private Ltd.

These efforts were complemented by a notable financial turnaround in the March quarter of FY25, where Reliance Power posted a consolidated net profit of ₹126 crore. This is a sharp recovery from a net loss of ₹397.56 crore in the same quarter last year, reflecting the impact of cost-cutting measures and capital support from key stakeholders.

Legal Relief Provides Further Tailwind

Adding to the list of positive triggers, the company secured interim relief from the Delhi High Court against a debarment order issued by SECI last year. This relief has enabled Reliance Power to resume participation in new tenders, which is crucial for its project pipeline and future revenue growth.

Read More: Reliance Infra Share Price Rises After News of Its Foray Into the Aircraft Upgrades Business.

Conclusion

With strategic project wins, a renewed financial trajectory, promoter support, and favorable legal outcomes, Reliance Power appears to be regaining ground both operationally and in the eyes of investors. As the company sharpens its focus on renewable energy and financial restructuring, market watchers will be closely monitoring its next moves.

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