New Delhi, July 16 -- Anil Ambani-led Reliance Power in its board meeting held on Wednesday, July 16, approved to raise Rs.6,000 crore through a qualified institutions placement (QIP), follow-on public offer, or a combination of both.

"We hereby inform you that the Board of Directors, at its meeting held today, i.e., Wednesday, July 16, 2025, has, inter alia, approved seeking enabling authorization from the members for raising funds up to Rs. 6,000 crore through the issuance of equity shares and/or equity linked instruments and/or other eligible securities to qualified institutional buyers by way of a Qualified Institutions Placement and /or follow on public offer or a combination thereof," Reliance Power informed in an exchange filing o...