Reliance Power Embraces AI, Stock Soars

Reliance Power's share price experienced a notable increase of over 18%, reaching an intraday high of ₹24.84. This surge followed the company's announcement regarding its strategic integration of Artificial Intelligence (AI) and new-age technologies within its business operations via subsidiaries. This move has successfully ended a consecutive four-day period of decline for the stock.

In a significant strategic maneuver, Reliance Power has undertaken measures to embed AI and technology-driven activities into its framework. Consequently, four of its subsidiaries have been rebranded to reflect this new direction. These subsidiaries are now known as Reliance AI Green Power Private Limited, Reliance AI Power Private Limited, Reliance AI Data Control Private Limited, and Reliance AI Data C Private Limited, underscoring a commitment to the evolving AI landscape.

Despite the recent stock performance, Reliance Power reported a consolidated net loss of ₹336.89 crore for the fiscal year 2026. This contrasts with a net profit of ₹2,947.83 crore recorded in the fiscal year 2025. The company, a part of the Reliance Group, maintains a diversified portfolio of power generation assets with a nearly 6,000 MW operational capacity across various geographies and fuel sources.