Reliance Industries Plans Green Energy Expansion and Chemicals Shift to Boost Energy Security
At its 49th AGM, Reliance Industries Ltd outlined plans to transform its energy business by converting all refined oil into chemicals and new materials, aiming to create 200,000 green jobs. The company targets generating 40 billion units of green electricity annually through its Kutch renewable energy hub, integrating solar, battery storage, and green ammonia production. Reliance emphasized reducing India's 70% dependence on imported energy by advancing renewables, green fuels, and digital technologies to enhance energy security and sustainability.