In Short : Reliance Industries has launched its first gigawatt-scale solar module manufacturing line at the Dhirubhai Ambani Green Energy Giga Complex in Gujarat. Initially set at 10 GW capacity, the plant will expand to 20 GW to meet rising demand. This move is part of Reliance’s $10 billion green energy roadmap, supporting India’s renewable […]
NTPC Reliance Adani commit Rs 4 lakh cr investment in MP – EQ
In Short : NTPC, Reliance Industries, and Adani Group have pledged investments worth ₹4 lakh crore in Madhya Pradesh. NTPC plans ₹2 trillion for renewable projects, including 20 GW capacity and hydro storage. Adani Group will invest ₹1.1 trillion in power, cement, and mining, with additional projects planned. Reliance committed ₹60,000 crore for biofuel initiatives, […]
Is Reliance back on growth path? Brokerages read Dec quarter results – EQ
In Short : Brokerages are closely examining Reliance Industries’ December quarter results to determine whether the company is back on a growth trajectory. The results have sparked discussions about its performance across various sectors, including energy, telecom, retail, and digital services. Analysts are evaluating key metrics to assess the company’s recovery and potential for sustained […]
India’s Reliance says new energy to be as profitable as oil to chemicals in 5-7 years – EQ
In Short : India’s Reliance Industries has projected that its new energy business, focusing on renewable and sustainable energy, will become as profitable as its oil-to-chemicals segment within the next 5-7 years. This ambitious target highlights Reliance’s strategic shift towards clean energy, with significant investments in solar, hydrogen, and energy storage, aligning with global trends […]
Reliance to commission first solar giga-factory this year – EQ
In Short : Reliance is set to commission its first solar giga-factory within this year. This significant milestone marks a major step in the company’s renewable energy ambitions, contributing to India’s push towards sustainable energy. The giga-factory will enhance Reliance’s capacity to produce solar modules, further supporting the nation’s clean energy transition and reducing dependency […]
Reliance to commission first solar giga-factory in FY25 – EQ
In Short : Reliance Industries is set to commission its first solar giga-factory in the fiscal year 2025. This facility will be a key component of Reliance’s strategy to become a leader in the renewable energy sector, significantly boosting solar panel production capacity in India. The giga-factory will support the country’s green energy transition and […]
Reliance inks deal with Norway’s Nel for hydrogen electrolysers – EQ
In Short : Reliance has signed a deal with Norway’s Nel to collaborate on hydrogen electrolysers, aiming to boost green hydrogen production and advance renewable energy initiatives. In Detail : Nel’s entry into India’s renewable hydrogen sector marks a pivotal market expansion with RIL. Reliance Industries Ltd (RIL) has entered into a major technology licensing […]
Reliance, Nel Partner for Hydrogen Electrolysers – EQ
In Short : Reliance has partnered with Nel to develop hydrogen electrolysers. This collaboration aims to advance green hydrogen production, supporting Reliance’s renewable energy initiatives and contributing to the global shift towards sustainable energy sources. In Detail : The agreement provides RIL an exclusive license for Nel’s alkaline electrolysers in India, manufacture for captive purposes […]
Reliance, L&T, Greenko, Welspun Secure Land For Green Hydrogen Production At Deendayal Port Authority – EQ
In Short : “Reliance, L&T, Greenko, and Welspun secure land at Deendayal Port Authority for green hydrogen production, signaling a collaborative effort towards sustainable energy initiatives and advancing India’s green hydrogen economy.” In Detail : The aggregated investment in these projects is projected to soar to a staggering Rs 1 lakh crore, positioning it […]
Reliance to commission new energy giga complex in Gujarat this year – EQ
In Short : Reliance is set to commission a new energy giga complex in Gujarat this year. This strategic move aligns with the company’s commitment to expanding its presence in the energy sector, emphasizing Gujarat as a key location for its upcoming complex. In Detail : The Dhirubhai Ambani Green Energy Giga Complex will be […]