Anil Ambani’s Reliance Power Smashes 10-Year Record, Earns Thousands of Crores in a Month

Business News: Anil Ambani’s Reliance Power has achieved a historic milestone, breaking a 10-year record by generating thousands of crores in market gains within a single month in May 2025. The company’s stock surged 85% on the Bombay Stock Exchange, with a 17% spike over three consecutive days, elevating its market capitalization to over ₹20,500 crore. This extraordinary performance marks a significant revival for the Reliance Group, which has navigated financial turbulence over the past decade, including Ambani’s 2020 bankruptcy declaration.

Strategic Moves Fuel Growth

The surge is attributed to strategic debt reduction and investor confidence. Reliance Power became debt-free on a standalone basis in June 2024, with subsidiaries like Sasan Power and Rosa Power clearing substantial loans, including ₹1,284.6 crore to IIFCL, UK, and ₹1,318 crore to Varde Partners. The company also raised ₹1,524.6 crore through a preferential share issue, with promoters infusing ₹600 crore to bolster renewable energy ventures. These moves have strengthened the balance sheet, enabling a pivot toward solar and wind projects, including a 930 MW solar plus battery storage system, Asia’s largest of its kind.

Renewable Energy and Market Confidence

Its subsidiary, Reliance NU Suntech, secured a major solar project from the Solar Energy Corporation of India, enhancing its clean energy portfolio. The company’s operational strength, with a 5,300 MW portfolio including the 3,960 MW Sasan Ultra Mega Power Project, further bolsters its market position. Analysts note improved debt-to-equity ratios and zero bank debt, signaling robust financial health.

A New Chapter for Ambani

With shares delivering a 91.67% return over the past year, Reliance Power’s resurgence underscores Anil Ambani’s determination to reclaim prominence in India’s energy sector, setting the stage for sustained growth.