RIL to develop Dhirubhai Ambani Green Energy Giga Complex in 5K acres in Jamnagar
The co will be investing Rs 75 K Cr in these initiatives over next 3 years
The co will be investing Rs 75 K Cr in these initiatives over next 3 years
Mumbai, Sep 03 RIL will be developing to develop Dhirubhai Ambani Green Energy Giga Complex in 5K acres in Jamnagar. It was disclosed by RIL CMD Mukesh D Ambani's speech at the International Climate Summit 2021
It was in the last year Ambani had announced his company's ambitious commitment to make Reliance a net carbon zero company by 2035.
This year, RIL had presented its strategy and roadmap for the New Energy Business, which will be the next big Value Creation Engine for Reliance and India.
The company has already started developing the Dhirubhai Ambani Green Energy Giga Complex over 5,000 acres in Jamnagar. It will be amongst the largest integrated renewable energy manufacturing facilities in the world.
This complex will have four Giga Factories, which cover the entire spectrum of renewable energy. The first will be an integrated solar photovoltaic module factory. The second will be an advanced energy storage battery factory. The third will be an electrolyser factory for the production of Green Hydrogen. The fourth will be a fuel cell factory for converting hydrogen into motive and stationary power.
"Over the next three years we will invest Rs 75,000 crore rupees in these initiatives," he said.
Reliance will thus create and offer a fully integrated, end-to-end renewables energy ecosystem to India and Indians. Prime Minister Narendra Modi has set the goal to reach 450GW of renewable energy capacity by 2030. Out of this, Reliance will establish and enable at least 100GW of solar energy by 2030.
This will create a pan-India network of kilowatt and megawatt scale solar energy producers who can produce Green Hydrogen for local consumption, he said.
Efforts are on globally to make Green Hydrogen most affordable fuel option by bringing down its cost to initially under USD 2 per kg.
Am sure that India can set even more aggressive target of achieving under USD 1 per kg within a decade. This will make India the first country globally to achieve $1 per 1 kilogram in 1 decade – the 1-1-1 target for Green Hydrogen, he said.
