Anil Ambani’s Reliance NU Energies sees CEO, COO exit amid turmoil
Less than a year after its launch, Reliance NU Energies – the renewables arm of Anil Ambani-owned Reliance Power – has lost its top leadership, with Chief Executive Officer Mayank Bansal and Chief Operating Officer Rakesh Swaroop exiting the company, people aware of the development said.
Their departures come alongside the resignation of nearly a dozen other executives, the people added.
Reliance Power had set up NU Energies in December 2024 to drive its clean energy ambitions. Bansal and Swaroop had both joined from renewable major ReNew, where Bansal was Group President for India operations and Swaroop headed the utility business.
