Reliance Group Stock Surges 15% After Securing ₹3,550 Crore Solar Order from Coal India

Mumbai: Shares of Reliance Group companies witnessed a sharp rally of up to 15% after the group secured a major solar engineering, procurement, and construction (EPC) order worth ₹3,550 crore from Coal India Limited.

The significant contract win has boosted investor sentiment, with market participants viewing the development as a strong step forward in Reliance Group’s renewable energy expansion strategy. The order is part of Coal India’s broader push to diversify into clean energy and reduce reliance on fossil fuels.

According to market analysts, the deal not only strengthens Reliance’s presence in the solar EPC segment but also positions the group to benefit from India’s accelerating transition toward renewable energy. The scale of the project is expected to contribute meaningfully to the company’s future revenue pipeline.

The rally in stock prices reflects growing confidence among investors in the company’s ability to execute large-scale green energy projects and capitalize on emerging opportunities in the sector.

The development comes amid increasing government focus on renewable energy capacity addition, with public sector undertakings playing a key role in driving large infrastructure projects.