74
Markets3h 22m ago

Reliance Industries announced at its AGM that it will triple its battery manufacturing ambition to 120 GWh, commissioned solar manufacturing lines, and signed a $1.3 billion green ammonia export agreement.

Archive Window: 7 Days Left

Jamnagar, Kutch, Hazira, India

Who
Reliance Industries, Mukesh Ambani, Anant Ambani, Samsung C&T
What
Reliance Industries announced at its AGM that it will triple its battery manufacturing ambition to 120 GWh, commissioned solar manufacturing lines, and signed a $1.3 billion green ammonia export agreement.
When
Fri, 19 Jun 2026 13:37:46 GMT · 3h 22m ago
Where
Jamnagar, Kutch, Hazira, India ·
Why
The company aims to build new growth engines in batteries, renewable power, hydrogen, and materials, leveraging cash flows from its traditional O2C business to become a leading integrated energy and materials company.
The Frontline Impact

How this affects you

This expansion positions Reliance among the world’s largest lithium iron phosphate battery manufacturers, strengthening its presence in electric mobility, energy storage, and grid-scale applications, and significantly advancing India's clean energy capacity.

Story chain

1 event in this thread
No related history yet - this is the origin event.

Verified Sources & Citations