Reliance Power Share Price

Reliance Power is a leading power generation company in India, forming part of the Reliance Anil Dhirubhai Ambani Group (ADAG). The company has a significant presence in the power sector and is engaged in various aspects of power generation, transmission, and distribution. Reliance Power was incorporated in 1995 and has since emerged as one of the major players in India's power industry.

Reliance Power operates across the entire value chain of power generation, from coal and gas-based thermal power plants to renewable energy projects. The company builds and operates power plants, selling electricity to various utilities and industries. Their diversified portfolio includes:

● Coal-Based Power Plants: Reliance Power has coal-based power plants in various locations in India. These power plants utilize advanced technologies to generate electricity efficiently.

● Gas-Based Power Plants: The company also operates gas-based power plants that contribute to India's energy mix and provide cleaner energy solutions.

● Solar and Wind Power: Reliance Power is actively involved in renewable energy projects, particularly solar and wind power plants, to promote sustainability and reduce the carbon footprint.

● Transmission and Distribution: In addition to power generation, Reliance Power is involved in the transmission and distribution of electricity, ensuring a seamless flow of power to end consumers.

History and Milestones

Reliance Power has achieved several milestones since its inception. Here are some of the key moments in the company's journey:

● Establishment and Expansion: The company's journey began on January 17, 1995, under Bawana Power Private Limited. In February 1995, it underwent a name change and became Reliance Delhi Power Private Limited. Subsequently, in March 2004, the company adopted Reliance Energy Generation Limited. Finally, in July 2007, it settled on Reliance Power Limited.

● Initial Public Offering (IPO): In 2008, Reliance Power launched one of the largest IPOs in India's history, raising significant capital to fund its ambitious projects.
Coal Mine Acquisitions: Reliance Power secured coal mines in Indonesia and other countries to ensure a steady fuel supply for its power plants.

● Commissioning of Power Projects: The company successfully commissioned several power projects over the years, contributing significantly to India's electricity generation capacity.

● Focus on Renewable Energy: Reliance Power made strategic moves into the renewable energy sector, establishing solar and wind power projects in various states across India.

● National and International Presence: The company expanded its presence within India and explored opportunities in the international market, strengthening its global standing.

Awards and Recognitions

Reliance Power has been acknowledged for its contributions to the power sector and its commitment to sustainable practices. Some of the awards and honors the company has received include:

● DL Shah National Quality Award for Intelligent Outage Management System Award to BYPL from the Quality Council of India.
● Innovative Practice Award to BYPL viz. Seamless SCADA adaption using a power management tool and Lab Tracking Module from the Independent Power Producer Association of India. 
● National Gaurav Award for Operational Excellence Award to BYPL from Indian Brave Hearts Foundation.
● Safety Award to BRPL and BYPL from British Safety Council (International Award), London.
● AT&C Loss Reduction by improving the DT Cleaning mechanism using the PDCA approach (at field level) and Net Metering of Solar Power Generation Projects Award to BRPL from BSE Limited. 
● Overall Distribution Operations Award to BRPL from the Indian Chamber of Commerce. 
● Achievement Award in Supervisor/ Artisan Category Award to BRPL from Construction Industry Development Council. 
Greentech Foundation Award for outstanding achievement in Employee Engagement(Gold Award).
● Award for best service provider and Fun at work (organization category) - Times Ascent.
● Best Metro of the year -2016 by Indian Merchants' Chamber. 
● "Best Power Infrastructure Project" Award 2016 for Sasan UMPP from Dun & Bradstreet Infra.
● "Rashtra Vibhushan Award 2016-17" - Diamond Award for outstanding project on Infrastructure for Sasan UMPP & Best Initiative in Renewable Energy for Solar PV. 
● "Outstanding Contribution in Power Generation" Award for Sasan UMPP during the 6th E&C World Award. 

Important Facts

● Parent: Reliance Anil Dhirubhai Ambani Group
● Number of employees: 1,300+
● Total equity: ₹13,813.85 crore (US$1.7 billion)
● Total assets: ₹50,781.83 crore (US$6.4 billion)
● Website Name: Reliance Power

As of February 2, 2011, the United Nations officially registered Reliance Power's Sasan Power Plant, making it eligible to earn carbon credits. Subsequently, both the Krishnapatanm Ultra Mega Power Project and Tilaiya Ultra Mega Power Projects also received registration for carbon credits. The United Nations grants carbon credits to companies utilizing advanced technologies to effectively reduce carbon emissions. These earned carbon credits can be sold to other companies that exceed their statutory emission limits, providing a mechanism for promoting emission reductions.