Reliance Power Hits 52-Week High. Here's What You Need to Know?

Reliance Power shares jumped 15.3% on May 30, 2025, reaching a 52-week high of ₹59.73 on the BSE. The stock is on fire — it's up 111% in just one year, while the Sensex rose only 10%. What's Driving the Rally? Reliance Power’s big move comes after a major solar + battery project win: - Its subsidiary, Reliance NU Energies, won a large green energy project from SJVN. - The project includes 350 MW solar power and a 175 MW / 700 MWh battery storage system. - It’s part of a bigger 1,200 MW solar + 2,400 MWh battery tender. - They won it at a fixed price of ₹3.33 per unit for the next 25 years. Once completed, this project will add: • 600 MW solar capacity • 700 MWh battery storage to Reliance Power’s clean energy portfolio. Clean Energy Push With this, Reliance Power now has: • 2.4 GW solar pipeline • 2.5 GWh battery storage pipeline This shows a strong shift toward renewable energy. Company Snapshot Reliance Power is part of the Reliance Group (Anil Ambani-led). It runs power plants totalling 5,305 MW, including the massive Sasan coal plant (3,960 MW). As of 1:15 PM: • Share price: ₹59.36 • Market cap: ₹23,820 crore • Sensex was down 0.28% This move shows Reliance Power is not just about coal anymore — it’s betting big on clean energy, and the stock market is liking it.