Reliance Power shares continued their upward trend on Thursday, reaching ₹53.65—their highest level since January 2018—after hitting the 5% upper circuit for the 11th consecutive session. The stock has surged 71% during this period, driven by the company’s transition to nearly debt-free status and expansion into renewable energy. Recently, Reliance announced a partnership with Druk Holding and Investments Ltd. to develop solar and hydroelectric projects in Bhutan, including a 500 MW solar plant and a 770 MW hydro project, marking a significant FDI in Bhutan’s renewable sector.
Reliance Power Shares Surge to 5% Upper Circuit for 11th Consecutive Session Amid Renewable Energy Expansion
