Reliance Industries gets 25-year power approval

Reliance Industries Limited has received 25-year approval from the Ministry of Power to lay an overhead transmission line in Gujarat under Section 164 of the Electricity Act, 2003. The proposed route covers seven villages in Bharuch district, including Dahej, Ambetha and Jageshwar. The approval allows RIL to install transmission lines and associated infrastructure, subject to statutory clearances and regulatory permissions. The development supports RIL's infrastructure plans in Gujarat, particularly around its industrial presence in the Dahej region. However, the approval does not disclose the project's investment size, execution timeline or expected revenue contribution. This comes shortly after RIL reported record Q2 FY27 results. Net profit rose 33.8% YoY to ₹29,550 crore, revenue increased 27.8% to ₹3.62 lakh crore, and EBITDA grew 23.9% to ₹62,409 crore. My view: The approval is a positive step for long-term infrastructure development, but its near-term earnings impact remains unclear. Execution progress and further project details will be key triggers to watch, alongside sustained growth in O2C and digital businesses. Stance: Monitor for execution updates and earnings growth before taking a directional view. RELIANCE Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.