Reliance Industries Limited (RIL) is all set to invest INR 75,000 crore into new energy and new materials business over the next 3 years and for this the Industry is planning of setting up Fuel Cell Giga Factory in India. The plan was unveiled at Reliance Industries’ 44th Annual General Meeting where the Chairman Mukesh Ambani revealed his idea of working on new energy business by offering a fully integrated, end-to-end renewable energy ecosystem, including a factory to manufacture fuel cell technology.
Reliance Industries Limited To Invest INR 75,000 Crore For Fuel Cell Giga Factory
Naming it as ‘Dhirubhai Ambani Green Energy Giga Complex’, the Chairman said , “We have started work on developing the Dhirubhai Ambani Green Energy Giga Complex on 5,000 acres in Jamnagar. It will be amongst the largest such integrated renewable energy manufacturing facilities in the world.”
The industry is committed to develop a renewable energy ecosystem. They are committed to provide an ecosystem where hydrogen fuel cells will be used to power automobiles in a sustainable manner because fuel cells uses oxygen from the air and hydrogen to generate electricity and the only bi-product that we will get is water vapors that have no harm to the environment as well.
These fuel cells can also be used at data centres, emergency generators, telecom towers, and many more. The industry is also aiming at setting up solar power plants that could generate 100GW of solar energy by the end of this decade. The industry is also working on investing at Electrolyser Giga Factory for manufacturing modular electrolyser that can be used for captive production of hydrogen.
The Chairman said, “We will collaborate with global leaders in battery technology to achieve the highest reliability for round-the-clock power availability through a combination of generation, storage, and grid connectivity. Besides electricity, green hydrogen will be a unique energy vector that can enable deep de-carbonisation of many sectors such as transportation, industry and power. One of the most common methods of generating green hydrogen is by electrolysis of pure water through electrolysers.”
These are some of the updates of the projects on which Reliance Industries Limited is working and we will be witnessing a lot of changes in the next three years. For more such updates, stay connected with the page.