Mumbai, June 29 — In a strategic move toward expanding its global footprint, Reliance Power has confirmed participation in international bids for a 1,500 MW gas-based power project across the Middle East and Southeast Asia. The company is actively competing for projects in Kuwait, the United Arab Emirates (UAE), and Malaysia, according to a company spokesperson.
The development aligns with Reliance Power’s broader goal to monetize existing infrastructure assets while meeting rising global demand for clean and efficient energy solutions.
Two 750 MW Equipment Modules to Be Deployed Abroad
Reliance Power plans to relocate two high-efficiency 750 MW equipment modules currently stationed in India for the new overseas project. These modules were originally part of a combined cycle gas-based power plant conceptualized with imported equipment from General Electric (GE), USA.
“The project is expected to create significant value through the monetization of these assets, with estimated returns of up to ₹2,000 crore,” a senior company official said.
Previously, one module had already been exported to Bangladesh for an LNG-based power plant in partnership with Japan’s JERA, making this the second major international deployment by the company.
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Focus on Speed, Scalability, and Clean Energy
Reliance Power’s strategy is underpinned by three key advantages:
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Availability of world-class equipment ready for deployment
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Reduced project execution time due to pre-existing modules
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Alignment with global demand for low-emission, efficient gas-based power generation
With an increasing number of nations focusing on sustainable and low-carbon energy infrastructure, gas-fired projects are being viewed as transitional solutions between coal and full renewables.
Spokesperson Confirms Active Participation
When contacted, a Reliance Power spokesperson confirmed the company’s involvement in global tenders and emphasized its commitment to capitalizing on international opportunities in the clean energy domain.
“We are fully prepared to execute the project efficiently and add value to all stakeholders involved,” the spokesperson noted.
The company’s bid underscores its intent to position itself as a key player in global energy supply chains, particularly in regions experiencing rising power demand.
Financial and Strategic Implications
- Potential Monetization: Reliance aims to raise ₹2,000 crore through the relocation and deployment of equipment.
- Operational Scale-Up: The project, once secured, will mark one of the largest international undertakings by the Indian private energy sector in recent years.
- Diversification: The move allows the company to diversify its geographical revenue base and hedge against domestic project delays.
