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RIL charts ambitious new energy path
The Morning Standard
|August 29, 2023
To set up battery giga factory, green hydrogen facility, large-scale power generation via solar & wind power
MUKESH AMBANI, Chairman and managing director of Reliance Industries Ltd (RIL), on Monday announced the company’s ambitious new energy business plans, which include setting up of a battery giga factory, a green hydrogen production facility and large-scale power generation through solar and wind power.
“We are accelerating our journey to achieve Net Carbon Zero by 2035 through use of renewables and bio-energy for a sustainable and green business. We are well on our way to build the New Energy ecosystem of manufacturing solar, wind, batteries, hydrogen, and bio-energy platforms,” Ambani said.
“This will enable us to speed up development of our renewable generation assets to deliver round-the-clock electricity for our captive requirements as well as to meet the growing needs of Indian consumers,” he added.
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