Reliance Power Limited (RPOWER.BO)
Reliance Power Limited operates in the Independent Power Producers industry of the Utilities sector, headquartered in Mumbai, MA, IN. The stock last traded at $23.25, down 0.56% on the session, giving a market capitalisation of $96.16B. Its beta of 0.84 implies it has historically moved less than the broad market.
Reliance Power Limited, headquartered in Mumbai, India, operates as a significant entity in the nation's electricity generation sector through its subsidiaries. The company utilizes a diverse array of energy sources for its projects, including coal, natural gas, hydropower, wind, and solar. It possesses an extensive operational power generation capacity totaling 416 GW. Its operational assets include major facilities such as the Sasan and Krishnapatnam Ultra Mega power plants, each contributing a substantial 3,960 MW and situated in Madhya Pradesh and Andhra Pradesh, respectively. Other key power stations under its management comprise the 1,200 MW Rosa plant in Uttar Pradesh, the 600 MW Butibori plant in Maharashtra, and the 45 MW Vashpet facility, also in Maharashtra. Furthermore, the company's solar energy initiatives encompass the 40 MW Dhursar solar plant and a 100 MW Solar CSP plant, both located in Rajasthan. Beyond its power production activities, Reliance Power also develops coal mines within India and Indonesia. Additionally, it maintains interests in four distinct coal bed methane blocks. The company was founded in 1995.
Reliance Power Limited is most often compared with the following Utilities names: