Reliance Power has formed a Board of Management to strengthen governance and oversight. The company is significantly expanding its renewable energy footprint, with its subsidiary Reliance NU leading in solar and battery storage. A recent award from SJVN Limited for 750 MW of Firm and Dispatchable Renewable Energy (FDRE) is a key development. Financially, Reliance Power reported a net profit of Rs 87.32 crore in Q2 FY26, a substantial recovery from a loss in the previous year's quarter.