This move can prove to be a masterstroke of Anil Ambani, good days will return for Reliance Power

New Delhi: Anil Ambani, who is in a lot of trouble these days, his good days may return soon. It is being told that the stock of Reliance Group's stock exchange listed companies Reliance Power and Reliance Infrastructure may see a rise in the trading session on Monday. Recently Reliance Power and Reliance Infrastructure have become free from debt.

After being free from debt, this business group is now ready to gain momentum, for which strategies are also being worked on. It is being told that this can bring back the good days of Reliance Group. Reliance Group has also established the Reliance Group Corporate Center for the development of this business group till the year 2030.

What is Anil Ambani's masterstroke?

Anil Ambani has recently launched Reliance Group Corporate Centre. Giving information in the regulatory filing filed with the stock exchange, this group has said that this center has been built keeping in mind the growth strategy till the year 2030. This corporate center is going to work as a strategic hub, which will provide new opportunities to the companies of Reliance Group along with technology. Veteran faces of the group have been included in the core committee formed for this centre. It includes names like Raja Gopal, Satish Seth and Puneet Garg. Adding the names of all these people together shows that they have more than 100 years of management experience, out of which they have spent 50 years with Reliance Group.

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For the last two decades, Satish Seth and Puneet Garg have been working for Reliance Group in different leadership positions. Currently, Punit Garg is working as the CEO of Reliance Infrastructure while Raja Gopal has been associated with Reliance Power for 6 years. He has about 27 years of experience working in power centers. However, this group has decided to include the other heads of the companies also in the Reliance Group Corporate Centre.

These companies became free from debt

Reliance Group has informed that recently Reliance Power and Reliance Infrastructure have become free from debt. Besides, these companies have also made new plans for their expansion. Reliance Power has acquired 1270 MW renewable power project in Bhutan.