Reliance will pursue wind power generation and partner with global wind equipment manufacturers to deliver most cost-efficient solutions, says Mukesh Ambani. Reliance Industries plans to accelerate and enable the installation of 100 gigawatts (GW) of renewable energy generation by 2030, says its chairman Mukesh Ambani while addressing shareholders at the 46th annual general meeting (AGM) […]
RIL, Ashok Leyland unveil India’s first hydrogen-powered truck- EQ Mag
RIL, Ashok Leyland unveil India’s first hydrogen-powered truck Mukesh Ambani-led Reliance Industries (RIL) and Ashok Leyland on Monday unveiled India’s first Hydrogen Internal Combustion Engine (H2-ICE) powered truck at the India Energy Week in Bengaluru. RIL and Ashok Leyland, the Indian flagship company of the Hinduja Group and India’s leading commercial vehicle manufacturer, were working […]
RIL to invest Rs 75,000 cr in UP over 4 years: Mukesh Ambani at Uttar Pradesh Global Investor Summit – EQ Mag
While inaugurating the UP Global Investor Summit, PM Modi says India is vital for global growth Reliance Industries (RIL) chairman Mukesh Ambani on Friday announced that his group would invest an additional Rs 75,000 crore in different sectors in Uttar Pradesh. Addressing the inaugural ceremony of Uttar Pradesh Global Investors Summit (GIS) 2023 in Lucknow, […]
RIL unveils India’s first Hydrogen Combustion Engine technology for heavy-duty trucks – EQ Mag
Unique and affordable, this indigenously developed technology solution will have the potential to redefine the future of green mobility Mumbai : Reliance Industries Limited (RIL) today unveiled India’s first Hydrogen Internal Combustion Engine technology solution for heavy duty trucks flagged off by Honourable Prime Minister Narendra Modi at the India Energy Week in Bangalore. The […]
RIL in driver’s seat in $74 bn green hydrogen opportunity – EQ Mag Pro
RIL’s hydrogen business is worth $ 8 billion (Rs 100/share) at a 20 per cent discount to European benchmark. NEW DELHI : RIL’s green hydrogen foray is part of its Net Carbon Zero target by 2035. Falling renewable cost and scale economics will lower green hydrogen cost. Given the capex intensity, RIL’s strong balance sheet […]
IEEFA: India Must Act Fast to Avoid Trailing in The Global Race for Green Hydrogen – EQ Mag Pro
India has joined the global race to develop a green hydrogen economy to bolster its energy security. After the release of India’s maiden green hydrogen policy, private and state-owned companies have made a flurry of announcements about setting up projects producing green hydrogen. Reliance Industries Limited (RIL) is betting big on green hydrogen. The company […]
RIL looks for the mega land bank for 100GW solar projects – EQ Mag Pro
Reliance Industries Ltd (RIL) is looking to make a mega land bank to established up renewable energy parks and projects, two folks aware of the improvement mentioned, as the Mukesh Ambani controlled conglomerate pivots from fossil fuels to cleanse power. A land aggregation exercising is underway to set up solar ability assignments of 100GW by […]
RIL announces investment into EV technology company Altigreen Propulsions Labs – EQ Mag Pro
This transaction is proposed to be completed prior to March. Reliance Industries Limited’s (RIL) subsidiary Reliance New Energy Limited (RNEL) has entered into an agreement with the Bengaluru-based electric vehicle technology and solutions company Altigreen Propulsion Labs Private Limited. This agreement entails a subscription of 34,000 series A convertible preference shares having a face value […]
Application for grant of Category I licence for inter-State Trading in electricity. Refex Industries Limited (RIL) – EQ Mag Pro
Application for grant of Category I licence for inter-State Trading in electricity. Refex Industries Limited (RIL). For more information please see below link:
RIL arm grants Rs 750 cr loan to Shapoorji Pallonji Company
Reliance Ventures, a 100% subsidiary of Reliance Industries Limited (RIL), has sanctioned a ₹750-crore loan facility to Sterling & Wilson Private Ltd, an unlisted Shapoorji Pallonji group firm that undertakes contracts to assemble knowledge centres and photo voltaic parks, in accordance to paperwork out there with the registrar of corporations. The loan facility is structured […]