By Abhay Ray 
Introduction
Anil Ambani-led Reliance Power Ltd is charting an ambitious global expansion, with plans to set up a 1,500-MW gas-based power project overseas while vying for several international contracts, according to sources.
Reliance Power has submitted competitive bids for gas-based power projects in Kuwait, the UAE, and Malaysia as part of its selective global strategy, as per a PTI report. The company has already secured significant footholds in Bhutan, clinching two mega power projects — a 500-MW solar venture and a 770-MW hydropower project.
Reliance Power Share Climb
Shares of Reliance Power have been consistently performing well. This year, so far, the shares of R Power have registered a growth of up to 60%. In the last five days, there has been a surge of 10%, and in the last six months, the shares have risen by up to 40%. Over the past year, the company’s shares have surged by 140%. Over the last five years, Anil Ambani’s company’s shares have delivered returns of up to 1500%. During this period, its price has climbed from ₹4.45 to its current levels.
What Is Reliance Power’s Plan?
The proposed project is expected to create significant value in Reliance Power’s balance sheet, as the company aims to realise up to ₹2,000 crore through the monetisation of these assets. When contacted, a Reliance Power spokesperson confirmed the company’s participation in global tenders.
Originally, the company had imported three modules of 750 MW world class equipment from General Electric, USA, for a gas-based combined cycle power project, out of which one module was exported to Bangladesh for an LNG based power project in partnership with Japan’s JERA. Now, Reliance Power intends to deploy the remaining two modules for a similar project at an overseas location.
The demand for gas-based power – widely regarded as a clean energy source – is significantly high in countries such as Kuwait, the UAE, and Malaysia.
Clean Energy Focus & Competitive Advantage
Reliance Power’s 1,500 MW gas-based project aligns with its clean energy focus, offering a lower-emission alternative to coal. Gas-based power is in high demand in regions like Kuwait, UAE, and Malaysia, where cleaner energy solutions are prioritized. The company’s key advantage lies in owning two fully imported, GE-certified 750 MW turbine modules—ready for immediate deployment. This drastically shortens setup time compared to new builds, providing a critical edge in international tenders. By combining speed, cleaner technology, and existing infrastructure, Reliance Power enhances its competitiveness and sustainability credentials on the global stage.
Clean Energy Demand
Reliance Power’s project meets rising demand for cleaner energy in Kuwait, UAE, and Malaysia—markets actively transitioning from coal and oil to lower-emission alternatives. Gas-based power, while fossil-fueled, produces significantly fewer emissions and serves as a reliable bridge to renewables. These regions favor gas for its efficiency, stability, and compliance with environmental goals. By offering ready-to-deploy gas turbines, Reliance Power positions itself to deliver fast, cleaner energy solutions where demand and policy support are strong.
Conclusion
Reliance Power’s global expansion strategy, centered on its 1,500 MW gas-based power project, underscores its commitment to clean energy and international growth. By leveraging ready-to-deploy GE-certified turbine modules, the company is well-positioned to meet rising demand for low-emission power in key markets like Kuwait, the UAE, and Malaysia. Its recent success in securing projects in Bhutan and impressive share performance further highlight investor confidence and operational momentum. With a focus on rapid deployment, clean technology, and asset monetisation, Reliance Power is strategically enhancing its global footprint and long-term value.
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