Reliance Energy today reported a 22% increase in net at Rs 201.03 crore for the third quarter ended December 31, 2006 when compared with Rs 164.64 crore in Q3FY06. According to a release issued to the BSE today, total income increased to Rs 1,820.43 crore for the quarter ended December 31, 2006 from Rs 1,137.63 crore in the quarter ended December 31, 2005.