Reliance Power share price

Investing in stocks sounds very complicated, doesn’t it? But it doesn’t have to be. Here are 6 reasons why you should invest in Reliance Power stock. Investing in Reliance Power is a no-brainer. Their stock has grown tremendously, and they are a company that is both environmentally and socially conscious.

Top 6 Reasons To Invest In Reliance Power

Reliance Power’s Hydro Electric Power Projects Are Huge And Will Be A Great Source Of Investment Reliance Power’s plants have a combined capacity of 9500 MW, which is huge. And the company also has 2 major projects – the Visakhapatnam Ultra Mega Power Project and Baghmati Project. The Baghmati Project will be world’s largest Independent Water and Power Project, once completed. This project will generate a whopping 2700 MW, and will generate 15 Million tons of CSG every year. Together, these projects are the biggest hydroelectric power stations in India. And since they are from private companies, there are no regulatory issues, and the returns from this project are relatively low. But they are still a great source of investment.

1. Reliance Power Has The Lowest Risks

In fact, Reliance Power has the lowest risks in the entire Indian market. According to the World Economic Forum, the risk of natural disasters is low in India, because the country has no active volcanoes. Reliance Power’s investments are also dispersed and placed all over India. This prevents any single event from causing major damage. 2. Reliance Power Has Turnaround Potential The energy sector is a cyclical business, and when demand dips, energy prices typically plummet. But Reliance Power can always generate profit by cutting their costs. That is the very essence of a turnaround. While the energy industry is a complex one, Reliance Power’s management team knows their stuff. Reliance Power can be a surprise performer.

2. Reliance Power Has Low-Cost, Low-Carbon Energy

Reliance Power has a lot of land holdings. They produce some of India’s lowest-cost, clean energy in Jharsuguda, Orissa. 3. The Indian Government Promises to Eliminate Coal Power by 2030 India is known for its energy issues. The country plans to get half of its energy needs from clean sources by 2030. One of the clean sources is solar, and Reliance Power’s Jharsuguda solar plant is a perfect example of how clean energy can be produced quickly. The Jharsuguda Solar Plant uses crystalline silicon technology for power generation, thereby creating little or no pollution. 4. Reliance Power Has A Significant Solar Installations Reliance Power has the ability to develop the massive capacity of solar power in India, with almost no competition.

3. Reliance Power Is Socially & Environmentally Conscious

Reliance Power is a good example of a company that has not only become a major player in India’s energy sector, but also made it their mission to become a more socially and environmentally conscious company. In addition to their strong commitment to low carbon power generation, Reliance Power is also a company that focuses on using its resources efficiently. For example, their natural gas-based power plants aren’t only eco-friendly, but they have also saved over 3 million barrels of oil in the last year alone. This is equivalent to planting 300,000 trees or 2,000 km of irrigation lines. Moreover, Reliance Power has had zero coal-related fatalities since 2005, with zero injuries since 2008. They also have a legal record of 99.

4. Reliance Power Is A Long-Term Company

Reliance Power’s stock market history is pretty brief. However, that’s because the company has seen such rapid growth in their operations. The company’s flagship facility is the 776-megawatt (MW) plant in Jamnagar, India, which was commissioned back in 2015. The company plans to add more capacity to the facility, which will help them expand into a broader energy market. Plus, the company is currently developing a 3.6 GW project, which will help it increase their production capacity. Reliance Power stock has the potential to grow substantially. And, with the growing global need for renewable energy, Reliance Power is well-positioned for future growth. It’s a good bet.

5. Reliance Power Is On The Rise

Reliance Power Ltd, one of India’s leading power generation companies, is expecting to surpass its 2016-17 net profit by 21 percent. As per their annual results announcement, Reliance Power, Ltd reported profit before tax of Rs. 4,130.16 crore ($592.8 million) in financial year 2016-17. This marked a growth of 4.8 percent compared to 2015-16. Net profit amounted to Rs. 2,397.26 crore ($399.8 million) in 2016-17. The company’s total assets stood at Rs. 73,540.39 crore ($10.9 billion) and current liabilities at Rs. 29,646.31 crore ($5.4 billion). Further, the company has a strong balance sheet with a low gearing of 26 percent. Reliance Power is also expanding its production capacity, and having three upcoming plants in Jharsuguda, Ghogha and Sagar.

6. Reliance Power Is A Leader In Renewable Energy

Reliance Power isn’t just an investor and producer of renewable energy. They have made solar power affordable. Reliance Power manufactures renewable energy-generation modules for homes and commercial buildings. These modules are made of non-flammable, recyclable materials, and can withstand intense weather conditions. They are 100% flexible, and can adapt to the direction of the wind. By far, Reliance Power has established the largest unit of solar power in India. Renewable energy is booming right now. Companies are converting to clean energy and making it affordable. Renewable energy is extremely important to Reliance Power. Solar energy is cheaper and more cost-effective than fossil fuels, and it produces no harmful emissions. 5.

Conclusion

I have analyzed many Indian stocks and found that Reliance Power is one of the highest-performing stocks in India. We think that the stock can move up 50% in a month. You can buy these 5 stocks and start investing today. Investing in stocks should not be complicated, and that is why I prepared this handy step-by-step guide.