Support and Resistance Levels
Past performance
About Reliance Power Ltd Reliance Power Limited, part of the Reliance Anil Dhirubhai Ambani Group, is a prominent player in India's private sector power generation and coal resources industry. Established in 1995, it underwent several name changes before becoming Reliance Power Limited in 2007. The company and its subsidiaries are engaged in generating power from diversified sources, including coal, gas, hydro, wind, and solar energy. Key assets include the 3,960 MW Sasan thermal power plant and multiple hydro and solar power projects.
Reliance Power has pursued strategic partnerships and expansions, such as a collaboration with Royal Dutch Shell for an LNG terminal in India and ventures in Bangladesh, including a 750 MW LNG-based power plant. It has faced regulatory challenges but achieved strong operational performance, notably with a plant load factor of 94.78% at its Sasan UMPP. The company continues to focus on enhancing its energy infrastructure across India and internationally.