Anil Ambani’s Reliance Power has pulled off a stunning financial comeback, securing ₹5,000 crore in fresh contracts, making it the first Indian private company to execute a large-scale renewable energy project in Bhutan. The company, once burdened by debt, has now achieved zero bank debt status, marking a major milestone in its revival.
Key Highlights:
Reliance Power secures ₹5,000 crore in new contracts, including a 1,270 MW solar-hydro project in Bhutan.
Company achieves zero bank debt, clearing ₹4,217 crore in obligations.
Stock price surges from ₹36 to ₹53.64, adding ₹4,000 crore in market value.
With strong financial backing and strategic expansion, Reliance Power is now positioned as a key player in India’s renewable energy sector, signaling a new era for Anil Ambani’s business empire.