Reliance Industries (RIL) has charted a green energy roadmap at its 48th Annual General Meeting, aiming to create “the world's most integrated new energy ecosystem,” said Chairman Mukesh Ambani.

While hydrocarbons will remain vital for India in the near term, Ambani highlighted a dual-track approach: maintaining strength in the oil-to-chemicals (O2C) business while aggressively expanding renewables. RIL is scaling solar manufacturing at its Jamnagar gigafactory, producing heterojunction (HJT) modules with 10 percent higher energy yield, 20 percent better temperature performance, and 25 percent lower degradation, said Executive Director Anant Ambani.

Annual capacity is planned to expand from 10 GW to 20 GW, anchored by a 5,50,000-acre Kutch project, capable of installing 55 MW of solar modules and 150 MWh of batteries daily, potentially meeting 10 percent of India’s electricity demand within a decade. Green hydrogen is a cornerstone, with a three GW electrolyser giga factory by 2026 and a target to produce hydrogen under USD one per kg, scaling to three million tonne per year by 2032.