29-May-2026
Corporate News
 
RIL’s `60,000 cr battery giga-factory to complete by mid-year
29-May-2026

Reliance Industries, which has committed `75,000 crore towards clean energy investments, on Thursday said its 40 Gwh (gigawatt-hour) battery complex in Jamnagar, where it operates the world’s largest single-location oil refinery, is nearing completion and will go on-stream later this fiscal. The Dhirubhai Ambani Green Energy Giga Complex in Jamnagar is coming up at an investment of `60,000 crore to make lithium iron phosphate-based battery chemicals, cells, and packs, as well as containerised energy storage solutions and recycling. The facility will be ready for commissioning in the second half of 2026, RIL said in its annual report for FY26. The Mukesh Ambani-led company has plans to ramp up its capacity to 100 gwh a year from the initial 40 Gwh. The company also has an aggressive road map for other new energy business like green hydrogen and green ammonia, apart from large-scale renewable power projects like pumped storage. Reliance is also working towards 3 million tonne per annum green hydrogen production by 2032.

News Source:- https://www.newindianexpress.com/business/2026/May/28/rils-60000-cr-battery-giga-factory-to-complete-by-mid-year