Reliance Industries' executive director Anant Ambani, while addressing the annual general meeting said on August 29 that the new energy facility at Jamnagar - the Dhirubhai Ambani Giga Energy Complex - is nearing completion at a record pace, calling it 'the face of New Reliance and New India'.
The facility, a significant scaling up of the company's new energy business, was announced by Reliance Industries chairman Mukesh Ambani last year.
"Work on the Dhirubhai Ambani Giga Energy Complex is progressing at record pace. It will be unmatched globally in size, scale, and integration...We have partnered with the world's leading engineering and construction companies to achieve best-in-class quality, cost, and schedule. Jamnagar will be the cradle of both the world's largest conventional energy complex and the world's largest New Energy complex. Jamnagar is the face of New Reliance and New India," Anant Ambani said during his address at the AGM.
Anant Ambani said the size of the new energy complex is four times the size of Tesla's Gigafactory, and the facility is being built using 7 lakh tonne of steel and 3.4 million cubic metres of concrete.
Beyond Jamnagar, Anant Ambani highlighted the new energy vertical's solar project situated in Gujarat's Kachchh, which he said was one of the largest single-site solar energy facility, spanning 5.5 lakh acres of land, three times the size of the city-state of Singapore.
"At peak, we will deploy 55 MW of solar modules and 150 MWh of battery containers every day. This will be among the fastest installations globally. This single site could meet nearly 10 percent of India's electricity needs within the next decade," he said. Anant Ambani added that the company's marine and land infrastructure at Jamnagar and Kandla will connect with the solar and hydrogen facilities at Kachchh.
Green Hydrogen Ambitions
Sharing details of Reliance's new energy plans, Anant Ambani said the company plans to export green ammonia, green methanol, and sustainable aviation fuel (SAF) from the facility.
"This will make India a global hub for cost-competitive green hydrogen and its derivatives. While our initial focus will be to meet Reliance's own large captive demand, we plan to scale up to 3 MMTPA of green hydrogen equivalent production capacity by 2032, thereby unlocking a powerful growth engine for global markets," Anant Ambani said.
Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
