Reliance Power Share Price Target 2025

Reliance Power, established to develop, construct, and operate power projects domestically and internationally, holds a substantial portfolio in the power generation sector.

Through its subsidiaries, it boasts diverse power generation capacities, including operational and under-development projects we will predict a reliance power share price target 2025 for every month.

Reliance Power Share Price Target 2025

Given the company’s mixed financial performance and ongoing projects, projecting the share price for Reliance Power involves considering multiple factors, including operational efficiency, project completions, and market conditions.

Below is a month-by-month forecast for Reliance Power share price target 2025:

MonthProjected Share Price (₹)
Jan 202528.00
Feb 202528.50
Mar 202529.00
Apr 202529.50
May 202530.00
Jun 202530.50
Jul 202531.00
Aug 202531.50
Sep 202532.00
Oct 202532.50
Nov 202533.00
Dec 202533.50

Company’s Generation Capacity

Reliance Power’s total generation capacity stands at an impressive 5,945 MW. This includes 5,760 MW of thermal capacity and 185 MW from renewable energy sources.

Major Projects in Operation

In FY23, Reliance Power had several key operational projects:

  • Rosa Project at Shahjahanpur, UP: 1,200 MW
  • UMPP at Sasan: 3,960 MW
  • Solar PV Project at Dhursar, Rajasthan: 40 MW
  • Concentrated Solar Power Project at Pokhran, Rajasthan: 100 MW
  • Wind Project at Vashpet, Maharashtra: 45 MW

Financial Challenges and Defaults

In FY23, Reliance Power faced financial challenges, defaulting on loan repayments of approximately Rs 270 crores and interest payments of around Rs 250 crores.

Hydroelectric Power Projects

Reliance Power is developing various hydroelectric power projects with a combined capacity of approximately 3,438 MW.

These projects are located in Arunachal Pradesh, Himachal Pradesh, and Uttarakhand and are at different stages of development.

Samalkot Power Project (SMPL)

Reliance Power entered into a memorandum of understanding (MOU) with the Government of Bangladesh to develop a phased gas-based project with a total capacity of 3,000 MW.

As part of this initiative, its subsidiary, Reliance Bangladesh LNG and Power Limited, has been working on a long-term power purchase agreement (PPA) for the supply of 718 MW from a combined cycle gas-based power plant to be set up at Meghnaghat near Dhaka.

Non-Operational Projects in FY23

Several of Reliance Power’s projects were non-operational in FY23 due to various challenges:

  • Butibori Power Plant (600 MW) in Nagpur, Maharashtra faced delays due to legal/regulatory issues, fuel supply shortages, and commercial disputes.
  • Krishnapatnam Ultra Mega Power Project (3,960 MW) faced viability issues due to changes in Indonesian coal import regulations.
  • Coal-based Power Project (3,960 MW) in Madhya Pradesh was put on hold due to unfavorable demand-supply conditions in the power sector.

Issue and Conversion of Warrants

In FY23, Reliance Power issued and allotted Rs 21 crores worth of warrants convertible into equity shares for Rs 15.55 each to VFSI Holdings Pte. Limited.

Additionally, it issued preferential shares worth Rs 33 crores to Reliance Infrastructure Limited upon the conversion of an equivalent number of warrants.

Quarterly Financial Performance

Reliance Power’s consolidated quarterly results for recent years showcase the company’s financial journey, with fluctuations in sales, expenses, and profits.

Below is a summary of the financial performance from March 2021 to March 2024:

QuarterSales (Rs. Crores)Expenses (Rs. Crores)Operating Profit (Rs. Crores)OPM (%)Net Profit (Rs. Crores)EPS (Rs)
Mar 20211,65580385251%1540.26
Jun 20212,0141,09991445%610.04
Sep 20211,8471,05179643%-79-0.39
Dec 20211,79696782946%-55-0.29
Mar 20221,8461,66418210%-651-1.63
Jun 20222,0631,24981439%-102-0.47
Sep 20221,8641,29656830%-313-1.00
Dec 20221,8861,22366335%-245-0.80
Mar 20231,7301,889-159-9%2570.86
Jun 20231,9221,30162132%-296-0.79
Sep 20232,0521,32073236%-238-0.64
Dec 20231,9472,310-363-19%-1,137-3.04
Mar 20241,9971,8111869%-398-0.99


Reliance Power has faced significant challenges but continues to make strides with its various projects.

The company’s future performance will heavily depend on the successful execution of its ongoing projects and overcoming financial hurdles.

The projected Reliance power share price target 2025 reflects a cautious optimism based on current trends and potential future developments.

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