Reliance Power Limited — Updates, 18-11-2024: Press Release

Reliance Power and Reliance Infrastructure have restructured their boards by appointing four senior executives to key positions. Notably, Ashok Pal, the CFO of Reliance Power, has been promoted to Executive Director, while Sachin Mohapatra, CEO of Sasan Power Plant, and Harmanjit Singh Nagi, President of Corporate Development, have been named Additional Directors. Partha Sarma also joins Reliance Infrastructure as an Additional Director. This strategic move reflects a commitment to internal talent cultivation, aligning with the group's Vision 2030 Growth Strategy focused on rewarding leadership and innovation.

Additionally, the newly established Reliance Group Corporate Centre (RGCC) will provide strategic support to the incoming directors, facilitating their transition into leadership roles. With a total installed capacity of 5,300 MW, Reliance Power is positioned strongly in the renewable energy sector, highlighting the group's commitment to sustainable energy solutions amidst evolving market demands. The restructuring aims to enhance the board's dynamism and responsiveness to future challenges, benefiting both companies' growth trajectories.