Reliance Outlines its Ambitious Green Energy Plans

Reliance Industries Chairman Mukesh Ambani said India must ensure it is never held hostage by energy insecurity, outlining an ambitious multi-pronged strategy spanning solar, wind, batteries, hydrogen, compressed biogas and underground coal gasification to reduce the country's dependence on imported energy.

Addressing shareholders at Reliance Industries' annual general meeting, Ambani noted that India continues to rely on overseas sources for more than 70% of its energy requirements, leaving it exposed to geopolitical tensions and global supply disruptions.

"We consider it our duty to ensure India's future is never held hostage by energy insecurity," Ambani said.

He added that Reliance is implementing what he described as the most comprehensive, integrated and future-focused energy plan by any Indian corporate.

"The singular aim is that India must produce almost all the energy it needs in abundance, in the most affordable and in the most eco-friendly manner," he said.