Reliance Power, Reliance Infrastructure To Raise Up to Rs 18,000 Crore Through Debt, Equity

Mumbai, 17 July 2025: In a significant move aimed at improving financial stability and driving future growth, Reliance Power Ltd and Reliance Infrastructure Ltd, both part of the Reliance ADA Group, have secured board approval to raise a total of ₹18,000 crore. The funds will be mobilised through a combination of equity instruments and non-convertible debentures (NCDs), subject to shareholder approval.

As of 12:10 PM IST, shares of Reliance Infrastructure Ltd were trading largely flat at ₹174.65, reflecting minimal change from the previous session.

Reliance Infrastructure Ltd was trading at ₹400.65, reflecting a marginal gain of ₹0.35 or 0.087%.

₹18,000 Crore Capital Raise Approved to Accelerate Growth and Reduce Debt

The fundraising plan includes a structured mix of equity-linked instruments such as Qualified Institutional Placement (QIP) and Follow-on Public Offer (FPO), as well as NCDs via private placement or other permissible methods. The breakdown is as follows:

• Reliance Power Ltd
  • ₹6,000 crore via equity or equity-linked securities
  • ₹3,000 crore via NCDs
• Reliance Infrastructure Ltd
  • ₹6,000 crore via equity or equity-linked securities
  • ₹3,000 crore via NCDs

This coordinated effort highlights the group’s intent to strengthen its balance sheet, reduce debt exposure, and unlock capital for strategic initiatives.

Focused Use of Funds: Deleveraging, Project Execution, and Sectoral Expansion

The proceeds from the fundraising are expected to serve multiple objectives. For Reliance Infrastructure, funds will support working capital optimisation and acceleration of key infrastructure projects, including those in power transmission, metro rail, and EPC segments. Meanwhile, Reliance Power will channel capital toward expanding its presence in both renewable and conventional energy, while also addressing debt obligations.

This strategic infusion aligns with the Reliance ADA Group’s broader restructuring and growth roadmap, aimed at unlocking long-term shareholder value and enhancing operational resilience.

Terms of Issue to Be Finalised Post Shareholder Approval

While both boards have approved the capital raise, final details such as timing, pricing, and structure of the securities will be determined after receiving shareholder consent. The companies have confirmed that the issuances will comply with all regulatory frameworks and market guidelines.

Reliance ADA Group Positions for Comeback Across Power and Infrastructure Sectors

Reliance Power Ltd, listed on both NSE and BSE, is actively involved in the development and operation of coal, gas, and renewable energy projects across India.

Reliance Infrastructure Ltd, also listed on NSE and BSE, has a diversified infrastructure portfolio, covering sectors such as power distribution, transmission, engineering and construction, metro systems, and defence.

The ₹18,000 crore fundraising marks a decisive step in the group’s efforts to recapitalise its core companies, enabling them to pursue new opportunities in India’s evolving energy and infrastructure landscape. Market participants and investors are expected to closely watch the developments as both companies move forward with implementation.

REF: https://nsearchives.nseindia.com/corporate/RPOWER_16072025192359_Reliance_Power_Outcome_of_BM_16072025.pdf

https://nsearchives.nseindia.com/corporate/RPOWER_16072025192359_Reliance_Power_Outcome_of_BM_16072025.pdf

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