By: ICN Bureau
Last updated : August 31, 2022 10:44 am
The company is also establishing 20 GW of solar energy generation capacity by 2025 which will be entirely consumed for its captive needs of round-the-clock (RTC) power and intermittent energy for Green Hydrogen
Reliance Industries Limited, one of the largest producers of Grey Hydrogen globally, is planning to transition to Green Hydrogen by 2025.
We will complement our partner's technological innovation in stack manufacturing with our engineering skills, operational excellence, long-standing experience in efficient seawater desalination, digital twin expertise and indigenous balance of plant, with a singular aim to deliver Green Hydrogen at the lowest cost. We aim to progressively commence transition from Grey Hydrogen to Green Hydrogen by 2025, after proving our cost and performance targets," said Mukesh D. Ambani, Chairman & Managing Director, Reliance Industries Limited (RIL) while speaking at the 45th Annual General Meeting (Post-IPO).
"We will also be establishing 20 GW of solar energy generation capacity by 2025. This will be entirely consumed for our captive needs of round-the-clock (RTC) power and intermittent energy for Green Hydrogen. Once proven at scale, we are prepared to double the investment to scale up our manufacturing ecosystem," commented Ambani.
The company has partnered with Stiesdal to accelerate cost reduction and commercialisation of their Pressurised Alkaline Electrolyzer technology. In addition, the company is in advanced discussions to partner with other leading electrolyser technology players globally to set up a giga-scale electrolyser manufacturing facility at Jamnagar.
Reliance is also actively working on bio-energy and is one of the largest users of agro-waste as a fuel to meet its captive energy needs, and aims to build on this further through use of newer and emerging technologies and innovation. Recently, Reliance has inaugurated Phase I of its Bio-Energy Technology (BET) Centre at Jamnagar.
"Reliance's captive energy requirement across businesses provides us with a large base-load demand to support our plans to set up giga-scale manufacturing. It will accelerate our commitment to invest Rs. 75,000 crore towards establishing our fully integrated New Energy manufacturing ecosystem in Jamnagar," added Ambani.