changeadminAt Reliance Industries Limited’s 49th Annual General Meeting, Chairman Mukesh Ambani delivered a compelling update on the company’s financial performance and growth drivers.
Amongst the key businesses for Reliance are new and renewable energy verticals, and the Chairman highlighted monumental progress in solar photovoltaic manufacturing and compressed biogas (CBG) production, positioning India toward energy self-sufficiency.
Anant Ambani, who spearheads Reliance’s new energy and clean-fuel transition, outlined the company’s renewable-energy roadmap.
Ambani informed the shareholders regarding the Kutch renewable energy hub, solar manufacturing, battery storage, green ammonia supply agreements, and the expansion of Reliance’s energy and retail networks.
Solar Manufacturing: From 200 MW to 20 GW
Reliance has successfully commissioned its solar PV cell and module manufacturing lines at the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar.
The company has already produced nearly 1 GW of advanced Heterojunction Technology (HJT) modules, marking a transformative leap from its initial 200 MW batch.
According to the company, HJT modules deliver superior performance: approximately 2% higher energy yield, 15% better temperature performance, and 25% lower degradation rates than conventional modules.
Notably, Reliance secured an Approved List for Models and Manufacturers of Solar Photovoltaic Modules (ALMM) listing for this advanced cell technology—the first in India for heterojunction technology.
The company outlined an ambitious roadmap: building towards 20 GW per annum of fully integrated solar capacity, spanning the complete value chain from polysilicon to ingots, wafers, cells, modules, and glass.
Kutch Renewable Hub: 3% of India’s Electricity
The most transformative solar initiative is Reliance’s massive renewable hub in Kutch, Gujarat, spanning nearly 5.5 lakh acres. This gigawatt-scale project pairs solar generation with battery storage to deliver round-the-clock green power.
Once fully operational, the Kutch hub will generate over 40 billion units of green electricity annually—approximately 3% of India’s total annual electricity requirement. Generation at the Kutch project is expected to commence in FY27.
CBG: Empowering Farmers as ‘Urja Daatas’
Reliance’s bioenergy venture aims to help India achieve energy autonomy while empowering countless farmers as ‘Urja Daatas’ (Energy Producers).
After setting up two demonstration Compressed Bio Gas (CBG) units in Jamnagar, the company commissioned its first commercial-scale CBG plant in Barabanki, Uttar Pradesh, in a record 10 months.
The company is currently constructing 55 CBG plants with an annual capacity of 0.5 million tonnes. Ambani announced an ambitious goal: to expand to over 500 CBG plants by 2030.
These plants will consume 5.5 million tonnes of agro-residue and organic waste, mitigating nearly 2 million tonnes of carbon emissions while producing 2.5 million tonnes of organic manure annually.
Integrated Clean Energy Ecosystem
At Jamnagar, Reliance has established the world’s largest Bioenergy Technology and R&D Centre. The company’s agrivoltaics initiative uniquely integrates CBG and Solar PV technologies on the same land.
This integrated model generates triple benefits for Indian farmers: green gas, green electricity, and increased rural incomes.
National Resilience Through Domestic Manufacturing
Ambani framed domestic clean energy manufacturing as a strategic imperative for national resilience. Building world-scale solar and battery manufacturing capacity in India is essential for affordable, sustainable, and self-sufficient power.
One of the big statements made by the company concerned the combined green-jobs potential of the Giga Complex and Kutch farm, estimated at 200,000 positions, including engineers, technicians, operators, and construction workers, whose livelihoods will be built on clean energy.
Reliance’s new energy investments demonstrate commitment to making India ‘atma nirbhar’ in critical resources—a national mission crucial to Viksit Bharat’s success.
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