CHENNAI : Reliance Industries Ltd will invest 750 billion Indian rupees ($10.10 billion) in a new energy business over the next three years, Chairman Mukesh Ambani told the company’s annual general meeting on Thursday. Reliance will build solar manufacturing units, a battery factory for energy storage, a fuel cell-making factory and an electrolyzer unit to […]
Reliance to Build Giga Factories For New Energy Generation
Mumbai : Reliance Industries Ltd (RIL) plans to build four giga factories to manufacture and integrate all critical components of a new energy ecosystem, Chairman and Managing Director Mukesh Ambani said on Thursday. The factories will make solar photovoltaic modules, electrolysers and fuel cells for energy storage batteries, he said while addressing RIL’s 44th annual […]
Reliance to Invest Rs 75,000 Cr in New Energy Business Over 3 Years: Ambani
Last year, he had announced a 15-year commitment to become net carbon zero by 2035. Billionaire Mukesh Ambani on Thursday announced a Rs 75,000 crore investment in setting up four ‘Giga’ factories to make solar photovoltaic cells, green hydrogen, batteries and fuel cells over the next three years. Addressing the company’s annual shareholder meeting, he […]
Reliance increases supply of oxygen to over 700 tonnes a day to Covid-hit states
The company’s Jamnagar refineries in Gujarat initially produced 100 tonnes of medical-grade oxygen, which has quickly been ramped up to over 700 tonnes, people aware of the matter said NEW DELHI: Billionaire Mukesh Ambani’s Reliance Industries Ltd has tweaked manufacturing at its Jamnagar oil refineries to produce over 700 tonnes a day of medical-grade oxygen […]
Reliance, other energy majors form hydrogen coalition
This alliance seeks to bring in best-in-class hydrogen technology, equipment and know-how to create a hydrogen supply chain in the country. Mumbai: Led by domestic energy giant Reliance Industries, many global energy and industrial players on Tuesday came together to form a new energy transition coalition, called the India H2 Alliance (IH2A), to help commercialise […]
Ambani plans to move towards renewable energy; to invest for next-gen
Reliance operates two giant refineries with a combined capacity of 1.4 million barrels per day in Gujarat. Mumbai: Reliance plans to move away from fossil fuels to a more renewable source of energy in a few decades, Mukesh Ambani, the Chairman of Reliance Industries which operates the world’s biggest refining complex, said on Monday. Reliance […]
Reliance says India will fully shift to renewable energy in few decades
Reliance, which operates two giant refineries with a combined capacity of 1.4 million barrels per day in western India, aims to become a net zero carbon company by 2035 India will fully move away from fossil fuels to renewable energy in the next few decades, the chairman of Reliance Industries, operator of the world’s biggest […]
RIL now eyes smart electricity meter business
Mukesh Ambani’s company is looking at advanced metering infrastructure business and is exploring offering services through Narrow Band-Internet of Things. India’s smart meter programme aims to replace 250 million conventional meters NEW DELHI: Reliance Industries Ltd (RIL) is eyeing the smart electricity meter market and plans to leverage its Jio business to offer meter data […]
Reliance has a 15-year plan to convert itself into a new energy company
This new energy business based on the principle of carbon recycling and circular economy is a multi-trillion opportunity for India and the world NEW DELHI: Billionaire Mukesh Ambani’s Reliance Industries Ltd has a 15-year vision to build itself as a new energy company that aims to recycle CO2, create value from plastic waste and has […]
Green Energy’s Reliance on China Spurs Poland to Seek EU Action
Poland called for emergency measures from the European Union to secure investment in green projects that it sees as too dependent on goods imported from China, a risk highlighted by Read More…
