At Reliance Industries Limited’s 49th Annual General Meeting, Mukesh D. Ambani outlined progress in the New Energy business across Jamnagar and Kutch. The update included a 40 GWh annual BESS and Cell Giga Factory, a planned scale-up to 120 GWh, and solar-BESS deployment in Kutch to support round-the-clock renewable power.
PROJECT SNAPSHOT
Project name: Dhirubhai Ambani Green Energy Giga Complex and Kutch renewable energy hub.
Developer: Reliance Industries Limited.
Project type: New Energy platform with BESS, solar manufacturing, green chemicals and CBG.
Capacity: 40 GWh annual BESS and Cell Giga Factory, planned to scale to 120 GWh.
Location: Jamnagar and Kutch, Gujarat, India.
Technology: LFP batteries, HJT modules, solar PV manufacturing and alkaline electrolysers.
Status: Moved from construction to commissioning in FY26.
Meeting / Announcement: Update shared by Mukesh D. Ambani at Reliance Industries Limited’s 49th Annual General Meeting.
Key output: Kutch hub to generate over 40 billion units/year when fully operational.
Agreement: $3 billion green ammonia supply agreement with Samsung C&T.
Jobs: 200,000 green jobs expected from the Giga Complex and Kutch solar farm.
Reliance Industries Limited, an India-based diversified energy and industrial group, has detailed developments in its New Energy segment, covering solar manufacturing, batteries, green chemicals and renewable energy development. The update was shared by Chairman and Managing Director Mukesh D. Ambani during the company’s 49th Annual General Meeting.
The AGM was used to update shareholders on FY26 performance and outline the next phase of business planning. In the New Energy segment, the group presented a shift from construction to commissioning, with planned outputs across solar manufacturing, BESS, renewable power generation, transmission, green chemicals, compressed biogas and underground coal gasification. The update also indicated that New Energy is expected to begin contributing meaningfully to financial performance from FY27.
According to the company, the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar moved from construction to commissioning in FY26. The complex is spread across 5,000 acres and is being developed as an integrated clean energy manufacturing site.
Solar PV cell and module manufacturing lines have been commissioned and are now operational. The group has produced nearly 1 GW of Heterojunction Technology modules, with around 2% higher energy yield, 15% better temperature performance and 25% lower degradation compared with conventional modules.
The company has also received ALMM listing for HJT technology. Reliance is working toward 20 GW per year of fully integrated solar manufacturing capacity across polysilicon, ingots, wafers, cells, modules and glass.
Battery storage is another part of the New Energy plan. The first phase of the 40 GWh annual BESS and Cell Giga Factory is on track to be commissioned this year, with all equipment already delivered to the site. The battery platform is also planned to scale to 120 GWh of annual capacity.
The planned battery manufacturing capacity will use lithium iron phosphate technology. The battery factory is linked to the company’s plan for round-the-clock renewable power, where solar generation is paired with storage to improve supply reliability.
The group is also developing a renewable energy hub across 5,50,000 acres in the Kutch region. The hub is planned to combine solar generation and battery storage systems at gigawatt scale.
Once fully operational, the Kutch platform is expected to generate more than 40 billion units of green electricity each year, equal to about 3% of India’s annual electricity requirement.
Construction of the Kutch-to-Jamnagar transmission corridor is in progress, with EPC contracts already awarded. The project has a peak installation target of 55 MWp of solar modules and 150 MWh of battery containers per day.
The AGM update also covered green chemicals. The alkaline electrolyser manufacturing giga factory is on track for commissioning. The green chemicals plan includes green urea, urea ammonium nitrate, green ammonia and bio-methanol.
A $3 billion long-term supply agreement has been signed with Samsung C&T for green ammonia. The group is also in advanced discussions for more exports to Japan, Korea and Europe with long-term offtake commitments. Reliance has set a target of 3 million metric tons of green hydrogen-equivalent green chemicals capacity over the next 10 years.
Commercial revenue from solar modules is expected to begin this year, along with the scheduled commissioning of the battery factory. New Energy is expected to start contributing to financial performance from FY27.
The update also included compressed biogas. The company said it contributes more than 40% of India’s compressed biogas production and is on track for 55 plants producing about 1,100 tons per day by the end of FY27. Over the next five years, integrated CBG hubs are planned with 1 million tons of annual CBG capacity.
Underground coal gasification is also being advanced as part of the energy plan. The process is intended to convert uneconomic and low-quality coal reserves into syngas and help substitute imported LNG.
Reliance expects the Giga Complex and Kutch solar farm to generate 200,000 green jobs. The roles are expected to cover engineers, technicians, operators, construction workers, farmers and entrepreneurs.
The update places solar manufacturing, battery storage, transmission, green chemicals, compressed biogas and underground coal gasification within the New Energy plan. The planned assets are intended to support renewable integration, round-the-clock power supply and domestic clean energy manufacturing, based on timelines shared by the company.