Reliance Power Ltd, part of the Reliance ADA Group, operates one of the largest portfolios of private-sector power projects in India. The company is involved in coal-based, gas-based, and renewable power generation, with ambitious plans to strengthen its financial footing and expand power capacity.
In recent years, Reliance Power has focused on debt reduction, operational efficiency, and asset restructuring—moves that could support long-term turnaround potential.
In this article, we analyze Reliance Power’s share price targets from 2026 to 2030, based on its latest market data, business fundamentals, and sector outlook.
| Detail | Value |
|---|---|
| Open | ₹35.45 |
| Previous Close | ₹35.62 |
| Day’s High | ₹36.04 |
| Day’s Low | ₹33.90 |
| VWAP | ₹34.73 |
| Volume | 4,46,23,404 |
| Value (Lacs) | 15,167.50 |
| Market Cap | ₹14,057 Cr |
| Beta | 2.09 |
| 52-Week High | ₹76.49 |
| 52-Week Low | ₹31.27 |
| All-Time High | ₹499.74 |
| All-Time Low | ₹1.00 |
| UC Limit | ₹42.74 |
| LC Limit | ₹28.50 |
| Face Value | ₹10 |
| Book Value Per Share | ₹35.09 |
| 20D Avg Volume | 3,60,49,886 |
| 20D Avg Delivery (%) | 30.17% |
| Investor Type | Holding (%) |
|---|---|
| Retail & Others | 58.18% |
| Promoters | 24.98% |
| Foreign Institutions | 13.09% |
| Other Domestic Institutions | 3.02% |
| Mutual Funds | 0.72% |
Retail investors hold the majority stake, reflecting strong public interest despite the company’s ongoing restructuring.
Reliance Power focuses on power generation across multiple segments:
Coal-based power plants
Gas-based power projects
Solar power plants
Hydroelectric projects (in development stage)
The company has set its long-term vision to revive operations, reduce debt, and focus more aggressively on renewable energy.
Large and diversified portfolio of power assets
Access to natural resources & strategic fuel supply agreements
Growing focus on solar and renewable expansion
Potential for financial restructuring and debt optimization
Strong brand backing from the Reliance Group
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 40 | 48 |
| 2027 | 48 | 56 |
| 2028 | 56 | 68 |
| 2029 | 68 | 82 |
| 2030 | 82 | 98 |
These projections consider operational recovery, debt restructuring, expansion into renewable energy, and improving sector valuations.
By 2026, improving cash flow and debt management could stabilize the company’s fundamentals.
Better plant utilization rates
Improved financial structure
Early traction in renewable power projects
Investment View: Suitable for high-risk investors expecting early-stage turnaround signs.
If power demand continues rising, Reliance Power may witness stronger operational performance.
Potential asset monetization
Reduction in interest burden
Improved coal & fuel management
Investment View: Moderate risk-reward profile for mid-term investors.
The company’s renewable initiatives could become a meaningful contributor by 2028.
Higher renewable capacity
Strengthening balance sheet
Better investor sentiment toward power sector stocks
Investment View: Good opportunity for investors seeking value-based entries in power sector stocks.
A fully executed turnaround could lead to significant upside potential.
Revenue stability across projects
New JV opportunities in renewable power
Improved domestic and global power demand
Investment View: Attractive for long-term investors with higher risk tolerance.
By 2030, Reliance Power may evolve into a financially stronger and more sustainable power generation company.
Renewable energy expansion
Optimized cost structure
Strategic partnerships for power distribution and generation
Investment View: High long-term reward potential if turnaround strategy succeeds.
Strong brand name under Reliance Group
Potential for high upside if restructuring succeeds
Shift toward renewable energy improves growth visibility
Attractive valuation with high risk-reward potential
High volatility (Beta 2.09)
Heavy debt burden
Regulatory risks in the power sector
Market sensitivity to financial performance
Reliance Power is in a crucial phase of financial and operational transformation. While the company faces challenges, its long-term growth potential remains strong, driven by efficiency improvements and diversification into renewable energy.
Based on current trends and future restructuring potential, Reliance Power’s stock could reach ₹82 – ₹98 by 2030, making it a high-risk, high-reward investment option.
It opened at ₹35.45, with a high of ₹36.04.
The expected range is ₹40 – ₹48.
Yes, for high-risk investors looking for a potential turnaround opportunity.
The estimated target for 2030 is ₹82 – ₹98.
Debt levels, operational performance, regulatory changes, and renewable energy expansion.
Disclaimer: This article is for educational purposes only. Please consult a financial advisor before making investment decisions.
