Reliance Power forms new Board of Management to boost governance, sharpen oversight

Reliance Power Ltd., part of the Anil Ambani-led Reliance Group, has approved the creation of a Board of Management (BOM) to strengthen governance standards and enhance strategic oversight across the organisation. The new structure, cleared by the board on November 19, will include the company’s CEO, key managerial personnel, and senior business leaders.

The company said the move reflects its push toward a more agile, future-ready operating model, aligned with global best practices in corporate governance and long-term value creation for stakeholders.

During the meeting, the board also reviewed growth developments at its subsidiary Reliance NU Energies, which has emerged as a leading player in the solar-plus-BESS (Battery Energy Storage Systems) segment. The subsidiary has secured up to 4 GW of solar capacity and 6.5 GW of BESS capacity through competitive bids, positioning it as a major force in India’s clean energy transition.

Reliance Power said the formation of the BOM, along with its expanding renewable energy footprint, underscores its strategy to build a strong foundation for sustainable and forward-looking growth.

Source: The Hindu