Reliance Industries is accelerating its investments across renewable energy, advanced materials, and alternative fuels as it positions itself to capitalize on India’s growing energy demand and strengthen the country’s energy security.
Speaking at the company’s Annual General Meeting (AGM), Chairman Mukesh Ambani outlined Reliance’s long-term energy strategy, which combines conventional energy resources with emerging clean technologies. The strategy encompasses solar power, battery storage, wind energy, green hydrogen, compressed biogas, bioenergy, and underground coal gasification, aimed at supporting India’s transition to a more sustainable and self-reliant energy ecosystem.
Ambani highlighted India’s continued dependence on imported energy as a key challenge, noting that reducing reliance on overseas fuel supplies is critical for enhancing long-term energy security and economic resilience. In line with this objective, Reliance plans to continue investing in oil and gas exploration and production while simultaneously expanding its clean energy portfolio.
The company’s joint venture with BP currently contributes nearly 30% of India’s domestic natural gas production, while Reliance’s Jamnagar refinery complex remains one of the country’s most significant refining assets. Despite volatility in global energy markets, the refinery maintained strong operational performance and increased domestic LPG supplies to help address import-related shortages.
On the renewable energy front, Reliance has commenced solar photovoltaic manufacturing at its Dhirubhai Ambani Green Energy Giga Complex in Jamnagar. The facility has already begun producing nearly 1 GW of heterojunction solar modules and forms part of the company’s vision to establish a fully integrated solar manufacturing ecosystem with an annual capacity of 20 GW, covering polysilicon, wafers, cells, and modules.
The company is also making significant progress in battery manufacturing. The first phase of its 40 GWh battery cell manufacturing facility is expected to become operational this year. Reliance plans to expand the facility’s capacity to 120 GWh annually, positioning the company among the world’s leading producers of lithium iron phosphate (LFP) batteries.
In addition, Reliance is developing a large-scale renewable energy project spanning approximately 550,000 acres in Gujarat’s Kutch region. The integrated project, combining solar generation and battery energy storage systems, is expected to generate over 40 billion units of clean electricity annually upon completion—equivalent to nearly 3% of India’s current power consumption.
The company is also leveraging digital technologies to enhance operational efficiency. According to Executive Director Anant Ambani, Reliance is integrating automation and artificial intelligence into its refining operations with the goal of transforming the Jamnagar complex into a fully autonomous refinery.
Through these investments, Reliance aims to play a pivotal role in India’s energy transition while strengthening its position across both traditional and next-generation energy sectors.
