Updated Aug 29, 2025 23:52 IST
Reliance Industries AGM 2025: Anant Ambani made his debut at the 48th annual general meeting of the Reliance Industries Limited (RIL) today, August 29.
He also announced ambitious plans that reinforce Reliance’s role in India’s energy transition and position the company as a global leader in sustainable technology.
Reliance Industries (RIL) AGM 2025: What Anant Ambani said in his debut address
Strengthening traditional energy businesses
Ambani highlighted the Exploration & Production (E&P) business as a cornerstone of India’s energy security, contributing nearly 30 petr cent of the nation’s natural gas output.
“As you know, natural gas is vital to India’s clean and green energy transition. In FY25, E&P delivered a record EBITDA of Rs 21,188 crore ($2.5 billion). This was driven by higher output from both KG-D6 and CBM. We are embracing Deep Tech in every part of E&P. Our digital operations control centre, engineering twins, and process twins set new benchmarks in safety, reliability, and operational excellence,” Anant Ambani said.
He also stressed the company’s operational excellence, noting that its refining and petrochemical facilities are operating at 100 per cent capacity, far above the global average.
“The past year brought extraordinary complexity in global energy markets. Supply chain disruptions, trade shifts, and petrochemical overcapacity posed major challenges. In this dynamic environment, Reliance delivered industry-leading performance. Our success rests on advantages unique to us: · Operational excellence · Feedstock flexibility · Supply chain agility · Deep market reach · Technology-driven innovation Our operational excellence is evident in 100% capacity utilisation, far higher than the global average of 80%. This directly translates into superior capital returns. And it validates the strength of our model,” Anant said at the AGM 2025.
Massive investments in new projects
Ambani detailed a disciplined capital allocation strategy, announcing an investment of Rs 75,000 crore ($8.8 billion) into new projects designed to meet India’s rising demand. These include:
- Nagothane: 1.2 million tonne PVC plant
- Dahej: Expanded CPVC and 3 million tonne PTA facility
- Palghar: 1 million tonne specialty polyester facility
“These projects are positioned to meet India’s rising demand. Our Hazira carbon fibre facility will be one of the world’s three largest, serving Aerospace, Defence, and Advanced Materials. And at Jamnagar, we are on course to realising the autonomous refinery,” he added.
Vision on Dhirubhai Ambani Giga Energy Complex
Anant Ambani presented a compelling vision for the Dhirubhai Ambani Giga Energy Complex in Jamnagar. He stated that the complex will be the world’s only fully integrated, self-sufficient company in New Energy.
“At Jamnagar, work on the Dhirubhai Ambani Giga Energy Complex is progressing at record pace. It will be unmatched globally in size, scale, and integration. Here is the first glimpse of construction on this site:
- 5 million manhours of engineering
- 44 million square feet of building area – four times the Tesla Gigafactory
- 3.4 million cubic meters of concrete
- 7 lakh tonnes of steel – equal to 100 Eiffel Towers
- 1 lakh kilometres of cable – enough to reach the moon and back
Over 50,000 workers at peak, supported by extensive construction automation,” Anant Ambani stated.
Ambani emphasized RIL’s commitment to achieving Net Carbon Zero by 2035. He also showcased the progress of Jio-bp, which is rapidly expanding its retail network and EV charging infrastructure. The company plans to introduce new green fuels, including biofuels and hydrogen, to power India’s transition to electric mobility.
Scaling up solar, bio energy, battery giga factory launch in 2026
Having started the solar PV manufacturing platform at Jamnagar in Gujarat, the company is now looking to scale up to 20 GWp capacity in coming quarters, which would be the largest solar manufacturing facility and the most integrated single-site solar complex globally.
“We have successfully produced our first 200 MW of HJT modules. These deliver 10 per cent higher energy yield, 20 per cent better temperature performance, and 25 per cent lower degradation,” he said. “We are scaling rapidly.”
In parallel, it is rapidly constructing battery and electrolyser giga factories. “Our battery giga factory will start in 2026. It will begin with 40 GWh per year capacity and expand modularly to 100 GWh per year,” he said.
The electrolyser giga factory will also be operational by end-2026, with the ability to scale up to 3 GW per year. “It will enable cost-competitive green hydrogen production at global scale, backed by exclusive global technology partnerships, and strengthened by our in-house capabilities,” he said.
In Kutch, Gujarat, Reliance is developing one of the world’s largest single-site solar projects spanning 5,50,000 acres of arid land — three times the size of Singapore.
“At peak, we will deploy 55 MW of solar modules and 150 MWh of battery containers every day. This will be among the fastest installations globally. This single site could meet nearly 10 per cent of India’s electricity needs within the next decade,” he said.
Reliance’s marine, land infrastructure at Jamnagar
Reliance’s marine and land infrastructure at Jamnagar and Kandla will connect seamlessly with solar and hydrogen at Kutch.
“We will produce and export green ammonia, green methanol, and sustainable aviation fuel. This will make India a global hub for cost-competitive green hydrogen and its derivatives,” he said.
While the initial focus will be to meet Reliance’s own large captive demand, it plans to scale up to 3 million tonnes of green hydrogen equivalent production capacity by 2032.
Reliance, he said, is also building compressed biogas (CBG) plants with an annual capacity of 0.5 million tonnes. “Our target is to scale up to 500+ CBG plants by 2030,” he said.
At Jamnagar, the firm has set up the world’s largest Bioenergy Technology and R&D Centre. Here, it is developing advanced enzymes, microbial consortia, and high-yield energy crops to boost biogas productivity.
“We are also realising our Chairman’s (Mukesh Ambani) vision of growing energy plantations on wastelands. This includes building the world’s first integrated energy hub, combining smart farms, modular CBG and green hydrogen plants, agrivoltaics, and batteries,” Anant said.
“I am especially proud of our agrivoltaics business, where Compressed Biogas (CBG) and Solar PV are deployed on the same land. By capturing biogenic CO2 from CBG plants, these hubs will become platforms for green chemicals, aiming at fossil parity.”
This model creates triple value for Indian farmers — green gas, green electricity, and higher rural incomes. It will be a powerful growth engine for India’s clean energy future.
End of article
