The reinstatement of SECI tender eligibility positions Reliance Power for long-term growth, as investor confidence surges following the news.

Reliance Power share price is expected to attract attention on December 4 after the Solar Energy Corporation of India withdrew its ban on the company from renewable energy tenders. The share price closed 1.

Reliance Power share price has gained nearly 72% year-to-date, outperforming the Nifty 50's 13% rise, although it faced declines of over 12% in October and 9% in November.

Reliance Power stock rose 5% to Rs 41.07 in early deals against the previous close of Rs 39.12 on BSE. Market cap of the firm climbed to Rs 16,497 crore.

Reliance Power shares are expected to be in focus on Wednesday following the company's announcement that the Solar Energy Corporation of India (SECI) has withdrawn its debarment notice. As a result, Reliance Power and its subsidiary,