Reliance Power (RPOWER) Share Price Target 2030

Reliance Power (RPOWER) Share Price Target 2030:Reliance Power Ltd is a leading player in the power generation sector in India and internationally. This article analyzes the company’s current status and future prospects, focusing on its share price target for 2030.

Reliance Power Ltd Overview

Reliance Power Ltd is dedicated to developing, constructing, and operating power projects in India and abroad. The company and its subsidiaries have a substantial portfolio of operational and under-development power generation capacity.

Reliance Power Ltd Capacity

Reliance Power Ltd currently has a generation capacity of 5,945 MW, comprising 5,760 MW of thermal capacity and 185 MW of renewable energy-based capacity.

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Major Projects in Operation FY23

The company’s operational projects in FY23 include the Rosa project in Shahajahnapur, UP (1,200 MW); UMPP at Sasan (3,960 MW); solar PV project at Dhursar, Rajasthan (40 MW); concentrated solar power project at Pokhran, Rajasthan (100 MW); and a wind project at Vashpet, Maharashtra (45 MW).

Default in FY23

Reliance Power Ltd faced financial difficulties in FY23, defaulting on repayment of loans of Rs ~270 crores and payment of interest of Rs. ~250 crores.

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Hydroelectric Power Projects

Reliance Power Ltd is developing various hydroelectric power projects with a total capacity of ~3438 MW in Arunachal Pradesh, Himachal Pradesh, and Uttarakhand, at different stages of development.

Samalkot Power Project (SMPL)

The company signed an MOU with the Government of Bangladesh to develop a gas-based project of 3000 MW capacity in phases. Reliance Bangladesh LNG and Power Limited (a subsidiary) will supply 718 MW (net) power from a combined cycle gas-based power plant near Dhaka in Bangladesh (Phase-1).

Non-Operational Projects FY23

The 600 MW Butibori power plant in Nagpur, Maharashtra, was not operational due to delays in regulatory orders, lack of fuel supply for one unit, and a commercial dispute with the power procurer. The 3960 MW Krishnapatnam Ultra Mega power project has faced viability challenges due to changes in regulations in Indonesia, affecting coal imports. The 3,960 MW coal-based power project in M.P. has been put on hold due to the current power sector scenario.

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Issue & Conversion of Warrants

During FY23, the company issued and allotted warrants convertible into equity shares at a price of Rs. 15.55/- to VFSI Holdings Pte. Limited. It also issued preferential shares to Reliance Infrastructure Limited upon conversion of an equivalent number of warrants.

Reliance Power Ltd Share Price Analysis

The share price of Reliance Power Ltd has been subject to various factors, including its operational performance, financial health, market conditions, and regulatory environment. Analyzing these factors can provide insights into the company’s future share price trajectory.

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Reliance Power Ltd Future Prospects

Despite the challenges faced in FY23, Reliance Power Ltd has a strong portfolio of operational and under-development projects, which could drive its growth in the future. The company’s focus on renewable energy and international projects could be key drivers for its future success.

Reliance Power (RPOWER) Share Price Target 2030

Conclusion

Reliance Power Ltd is a significant player in the power generation sector, with a diverse portfolio of projects. While facing challenges in FY23, the company’s future prospects look promising, especially with its focus on renewable energy and international projects.

FAQs

What is Reliance Power Ltd’s current generation capacity?

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What is the Reliance Power (RPOWER) Share Price Target for 2024?

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What is the Reliance Power (RPOWER) Share Price Target for 2025?

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What is the Reliance Power (RPOWER) Share Price Target for 2026?

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What is the Reliance Power (RPOWER) Share Price Target for 2027?

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What is the Reliance Power (RPOWER) Share Price Target for 2028?

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What is the Reliance Power (RPOWER) Share Price Target for 2029?

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What is the Reliance Power (RPOWER) Share Price Target for 2030?

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Note-All posts are for Educational purposes.This is not any Investment Advisory.