Reliance to Foray into Solar, Battery Storage, Green Hydrogen, and Fuel Cell Production
The four manufacturing units of gigawatt-scale will be located in Jamnagar, the base of Reliance Industries’ energy business
June 25, 2021
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Reliance Industries (RIL) will invest ₹750 billion (~$10 billion) to build an integrated solar photovoltaic (PV) factory, advanced energy storage battery manufacturing unit, green hydrogen, and fuel cell facility in Gujarat’s Jamnagar. The plans were announced by the Chairman, Managing Director, and largest shareholder of RIL, Mukesh Ambani, during the 44th Annual General Meeting of the shareholders.