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Reliance commissions first line of solar manufacturing, targets 10 GW capacity
Millennium Post Kolkata
|Kolkata28April2025
The firm helmed by billionaire Mukesh Ambani joins the likes of Adani Group, Tatas, Waaree Energie and Vikram Solar that make solar PV modules
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NEW DELHI: Reliance Industries Ltd has commissioned its first line for manufacturing of solar panels and is on track to build battery storage production facilities, the firm said in an investor presentation.
Reliance - India's largest conglomerate whose interest spans from oil and petrochemicals to telecom and retail - had in 2021 unveiled a $10-billion plan spanning renewables, storage and hydrogen as it chased net zero emissions status by 2035.
"First line of solar PV modules (has been) commissioned," Reliance said in an investor presentation post announcing FY25 earnings on Friday.
The firm helmed by billionaire Mukesh Ambani joins the likes of Adani Group, Tatas, Waaree Energie and Vikram Solar that make solar PV modules.
The government has mandated that from June 2026, all clean energy projects must use solar PV modules made from locally-produced cells with a view to cut reliance on Chinese imports and boost domestic manufacturing capabilities.
This story is from the Kolkata28April2025 edition of Millennium Post Kolkata.
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