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Reliance Industries Ltd rides PLI schemes to close in on $1-1.5/kg Green H2 target

Reliance Industries is making progress towards its goal of producing green hydrogen at a cost of $1-1.5 per kilogram. The company has secured product-linked incentives in the renewable energy sector, including for solar modules and advanced chemistry cell battery storage. These incentives are expected to help RIL achieve its target cost.
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Reliance to commission new energy giga complex this year

Reliance Industries Ltd is set to commission the Dhirubhai Ambani Green Energy Giga Complex, one of the largest integrated renewable energy manufacturing facilities, in Gujarat. The complex includes five giga factories for photovoltaic panels, fuel cell system, green hydrogen, energy storage, and power electronics. Reliance has signed an MoU with the Gujarat government to set up 100 gigawatt renewable power.
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Reliance to commission new energy giga complex this year

N Billionaire Mukesh Ambanis Reliance Industries Ltd will commission a new energy giga complex in Gujarat in the second half of 2024, the company said in an earnings statement and investor call. Reliance is building a giga complex spread over 5,000 acres in Jamnagar in Gujarat. The complex
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RIL's Profit Rises 10% to ₹19.6k Cr in Q3 Powered by Oil & Gas, Jio | India Business News

India Business News: Reliance Industries (RIL) reported a 10% rise in quarterly profit driven by its oil & gas business and digital services (Jio). The company's revenue grew by 4%. The operating profit of its digital services and retail businesses also increased. However, its mainstay oil-to-chemical business was impacted by lower price realizations. Find out more about RIL's Q3 earnings and the performance of its various segments.
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