Reliance Power Plans Rs 90 Billion Fundraising Drive
POWER & RENEWABLE ENERGY

Reliance Power Plans Rs 90 Billion Fundraising Drive

Reliance Power, led by Anil Ambani, has announced a major Rs 90 billion capital-raising initiative as part of a broader financial restructuring plan, following a strong rebound in its earnings. The board has approved raising Rs 60 billion through equity shares and another Rs 30 billion via non-convertible debentures (NCDs).
The equity capital will be mobilised through either a Qualified Institutions Placement (QIP), a follow-on public offering (FPO), or a mix of both, pending shareholder approval. The NCDs, whether secured or unsecured, will be issued in one or more tranches through private placement or other routes.
This funding strategy follows a notable financial recovery. For Q4 ended March 2025, Reliance Power posted a net profit of Rs 1.26 billion, reversing a Rs 3.98 billion loss from the same period last year. Operational revenue dipped by 1 per cent to Rs 19.78 billion, but EBITDA soared to Rs 5.9 billion from Rs 488 million, with margins jumping from 2.4 per cent to 29.8 per cent.
The turnaround reflects improved operational efficiency, aggressive cost optimisation, and the company’s ongoing efforts to delever the balance sheet and strengthen its financial position.

Reliance Power, led by Anil Ambani, has announced a major Rs 90 billion capital-raising initiative as part of a broader financial restructuring plan, following a strong rebound in its earnings. The board has approved raising Rs 60 billion through equity shares and another Rs 30 billion via non-convertible debentures (NCDs).The equity capital will be mobilised through either a Qualified Institutions Placement (QIP), a follow-on public offering (FPO), or a mix of both, pending shareholder approval. The NCDs, whether secured or unsecured, will be issued in one or more tranches through private placement or other routes.This funding strategy follows a notable financial recovery. For Q4 ended March 2025, Reliance Power posted a net profit of Rs 1.26 billion, reversing a Rs 3.98 billion loss from the same period last year. Operational revenue dipped by 1 per cent to Rs 19.78 billion, but EBITDA soared to Rs 5.9 billion from Rs 488 million, with margins jumping from 2.4 per cent to 29.8 per cent.The turnaround reflects improved operational efficiency, aggressive cost optimisation, and the company’s ongoing efforts to delever the balance sheet and strengthen its financial position.

Next Story
Infrastructure Urban

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Next Story
Real Estate

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Next Story
Infrastructure Transport

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?