Reliance Power Limited — Others, 09-05-2025: Change in Director(s)

Reliance Power Limited has announced a board meeting on May 9, 2025, approving the financial results for the quarter and half-year. The Board re-appointed Shri Vijay Kumar Sharma as an Independent Director for a second five-year term and appointed M/s Ashita Kaul & Associates as Secretarial Auditors for five years starting FY 2025-26. Consolidated results showed total income of Rs. 2,066 Cr and a net profit of Rs. 126 Cr for Q4FY25, with net worth at Rs. 16,337 Cr and a reduced debt-to-equity ratio of 0.88:1. Key operating plants like Sasan Ultra Mega Power and Rosa Power achieved high availability (~87% and ~97% PLF, respectively). Reliance Nu Suntech, a 100% subsidiary, secured a 25-year PPA with SECI for Asia’s largest integrated solar and battery energy storage project (930 MW solar + 465 MW/1860 MWh BESS) valued at up to Rs. 10,000 Cr, offering a fixed tariff of ₹3.53/kWh. The company reported zero bank debt and no defaults.