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Global clean energy shift won't hit Reliance's oil business: Mukesh Ambani

"We have already put in place a comprehensive strategy to ensure that all our investments and all our assets remain not just safe, but actually become profitable even as fossil fuel demand wanes," Ambani said at the groups annual shareholder meeting. He said Reliance will switch to 100% green energy for captive consumption to cut energy costs, and upgrade the output of its refineries into value added chemicals.
Mukesh Ambani Reliance Industries Ltd Reliance Industries Reliance Industries Chairman Mukesh Industries Ltd Chairman Mukesh Ambani

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RIL AGM news: Ahead of AGM: Will Mukesh Ambani increase reliance on new energy business?

At Reliance Industries Annual General Meeting (AGM) in June 2021, chairman Mukesh Ambani informed his investors that the company will be investing Rs 75,000 crore over the next three years to build a new clean energy business. Ahead of the 46th AGM due to take place on August 28, analysts expect the company to provide updates on the investments in clean energy by arm Reliance New Energy.
Sumant Sinha Mukesh Ambani Reliance New Energy Reliance New Institutional Equities Reliance Agm

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