Reliance Power Ltd Major Developments and Expansions

Entered a Share Purchase Agreement to divest 100% equity in five step-down subsidiaries (PT Avaneesh Coal Resources, PT Heramba Coal Resources, PT Sumukha Coal Services, PT Brayan Bintang Tiga Energi, and PT Sriwijaya Bintang Tiga Energi) to Singapore-based Biotruster Pte. Ltd. for USD 12 million (~₹101 crore), payable on closing (expected by December 30, 2025). These entities contributed nil revenue in FY25 but represented 0.53% of net worth (₹1,690.9 crore). The move, executed via Reliance Power Netherlands B.V. and Reliance Natural Resources (Singapore) Pte. Ltd., signals a strategic exit from non-core coal assets to focus on domestic renewables.