Reliance triples battery ambition to 120 GWh as O2C stays growth engine

Backed by a ₹6.62 lakh crore oil-to-chemicals (O2C) business that remains its biggest earnings engine, Reliance Industries at its AGM on Friday announced that it will triple battery manufacturing ambition to 120 GWh. It commissioned solar manufacturing lines, signed a $1.3 billion green ammonia export agreement and advanced major investments in chemicals and advanced materials, signalling that its new energy programme is moving from construction to commercialisation.

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