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Reliance Power share skyrockets 19% amid heavy volumes; more details here
Reliance Power share price was buzzing trade today amid heavy volumes.
Reliance Power share price: Electric power generation, transmission and distribution company Reliance Power shares were buzzing in trade on Friday, May 23, 2025, with the scrip zooming up to 18.66 per cent to hit an intraday high of ₹52.90 per share
At 1:23 PM, Reliance Power shares continued to trade near day's high, and were up 17.29 per cent to ₹52.29 per share. In comparison, BSE Sensex was trading 1.05 per cent higher at 81,802.05 level.
What sparked 19% rally in Reliance Power share?
Reliance Power share price was buzzing trade today amid heavy volumes.
Earlier this week, Reliance Power joined hands with Bhutan's Druk Holding and Investments (DHI), to develop the country's largest solar power project in a ₹2,000 crore joint venture. The 500 megawatt (MW) project will be developed under a 50:50 partnership through a Build-Own-Operate (BOO) model.
The project is expected to be the largest private sector foreign direct investment (FDI) in Bhutan's solar sector to date.
Reliance Power signed a commercial term sheet for a long-term Power Purchase Agreement (PPA) with Green Digital Private Limited, a DHI-owned entity. READ MORE
Reliance Power Q4 results
Reliance Power reported a consolidated net profit of ₹126 crore in Q4FY25, driven by a major reduction in expenses. This marked a turnaround from the same quarter last year, when the company posted a net loss of ₹397.5 crore.
Total income in Q4FY25 declined to ₹2,066 crore, compared to ₹2,193.8 crore in the corresponding period of the previous year. However, total expenses dropped sharply to ₹1,998.49 crore from ₹2,615.15 crore, contributing to the improved profitability.
About Reliance Power
Reliance Power is engaged in the development, construction, and operation of power generation and distribution projects across India and internationally.
The company boasts a diverse energy portfolio that includes coal, gas, hydro, solar, and wind-based power projects.
With over 6,000 MW of operational capacity, Reliance Power continues to expand its footprint through ongoing development of coal-fired and gas-fired power plants.
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