Reliance Power and Reliance Infrastructure have charted expansion plans totalling Rs 18,000 crore through debt and equity routes.
Reliance Infrastructure aims to expand its presence in defence and aerospace. The company plans to manufacture Dassault Aviation's Falcon 2000 business jet in India and is partnering with global defence firms like Diehl Defence, Rheinmetall AG, and Coastal Mechanics.
Reliance Power, with a net worth of Rs. 16,431 crore and 5.3 GW of capacity, serves 53 lakh households in Delhi and has secured 3.3 GWh of renewable solar and battery storage projects, signaling a major green energy pivot.