The company plans to initiate the transition from grey to green hydrogen by 2025.Reliance Industries (RIL) is committed to doubling its investment target for green energy to Rs 1.5 trillion, as part of the company’s initiatives to expand its renewable energy portfolio.The additional capacities will be aligned to the company’s broader objectives of enhanced renewable energy usage and operational cost efficiency, along with research-led focus for the new energy business.In 2021, RIL had announced an investment of Rs 75,000 crore to build its new energy business, with the plan to scale up its manufacturing ecosystem, amidst the increasing push for sustainable global practices.
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