
Energizing India Sustainably
Moving to a Greener Economy
Reliance has committed to an ambitious target of achieving net-zero carbon status by 2035. Our New Energy proposition is key to achieving this.
Through active investments and partnerships and by building a scalable and enabling energy ecosystem, we aim to build one of the world's leading New Energy and New Materials businesses that can bridge the green energy divide in India and globally.
The business will be based on the principle of Carbon Recycle and Circular Economy with a portfolio of advanced and specialty materials. We aim to create a fully integrated manufacturing ecosystem with secure and self-sufficient supply chains.
Our New Energy and New Materials business is uniquely positioned to address India's 'Energy trilemma'—affordability, sustainability, security—with the production of Green Energy.
With our indigenous technology ownership and manufacturing capabilities, we aim to enable India to transform itself from a net energy importer to a net energy exporter.
Helping India Lead in the Green Energy Future
At the RIL Annual General Meet in 2021, Chairman and Managing Director Mukesh D. Ambani announced an investment of over Rs 75,000 crore (USD 10 billion) in building the most comprehensive ecosystem for New Energy and New Materials in India to secure the promise of a sustainable future for generations to come.
We are committed to helping India lead in the Green New Energy future and are bridging the Green Energy divide in India and the world.
Our New Energy and New Materials business will be an optimal mix of reliable, clean and affordable energy solutions with hydrogen, wind, solar, fuel cells, and batteries.

A Fully Integrated Renewable Energy Ecosystem
Jamnagar, the cradle of our old energy business, is also the cradle of our New Energy business.
We are constructing the Dhirubhai Ambani Green Energy Giga Complex over 5,000 acres in Jamnagar with five giga factories for:
- Photovoltaic panels
- Fuel cell system
- Green Hydrogen
- Energy storage
- Power electronics
The Dhirubhai Ambani Green Energy Giga Complex will be among the largest such integrated renewable energy manufacturing facilities in the world.
Additionally, we are pursuing wind power generation by developing a manufacturing ecosystem for cost-efficient wind power generation at giga scale.

End-to-End Solar PV Ecosystem
We are constructing a fully integrated, end-to-end solar photovoltaics (PV) manufacturing ecosystem, which will be one of the largest, most technologically advanced, flexible, and most cost-competitive solar giga factories globally.
The Jamnagar solar PV and cell module factory will be the first-of-its-kind 'quartz-to-module' facility globally, with components from quartz to metallurgical silicon, polysilicon, and ingots/wafers, that will be integrated with cells and modules.
This will take us a step closer to our target of establishing and enabling at least 100 giga watts (GW) of solar energy by 2030.
Our Investments & Acquisitions in New Energy and Clean Mobility
REC Solar Holdings AS (REC Group)
RNEL has acquired REC Solar Holdings AS (REC Group), one of the world's leading solar cells/panels and polysilicon manufacturing companies, for an enterprise value of USD 771 million.
www.recgroup.com
SenseHawk
Reliance has invested USD 32 million to acquire a majority stake in SenseHawk, an early-stage California-based developer of software-based management tools for the solar energy generation industry. Founded in 2018, SenseHawk helps accelerate solar projects from planning to production by helping companies streamline processes and use automation. SenseHawk has helped 140+ customers in 15 countries adopt new technology for their 600+ sites and assets totalling 100+ GW. SenseHawk's Solar Digital Platform offers end-to-end management of solar asset lifecycles.
www.sensehawk.com
Forging Global Partnerships for Sustainable Growth
We have forged strong global partnerships to co-create New Energy solutions for India and the world.
Sterling & Wilson Solar
RNEL has acquired a 40% stake in Sterling & Wilson Solar, one of the largest EPC and O&M providers globally, to provide turnkey solutions in the New Energy value chain.
www.sterlingandwilson.com
NexWafe
RNEL has invested USD 29 million (EUR 25 million) in Germany's NexWafe and partnered with them for the joint technology development and commercialization of high-efficiency monocrystalline 'green solar wafers'. NexWafe's unique patented technology is expected to drastically lower costs and make solar photovoltaics the lowest-cost form of renewable energy available and build large-scale wafer manufacturing facilities in India.
www.nexwafe.com
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Terms and Conditions
Payment Schedule
- 10% Advance: Due when the order is placed.
- 80% Pre-Dispatch: Due when materials are ready for shipment.
- 10% Final Payment: Due after project installation and commissioning.
Project Timeline
- Material Delivery: 30 days after 90% payment is received.
- Commissioning: Within 8 to 10 weeks after materials arrive at the project site.
Scope & Costs
- Included: Installation & Commissioning (I&C) and transportation.
- Excluded: Civil work (e.g., foundations). Net-Metering/Net-Billing above 8kW is in Customer's Scope.
- Customer's Responsibility: Arranging Net-Metering/Net-Billing.
- AMC: Optional Annual Maintenance Contract available at ₹650 per KWp per year.
Warranties
- Complete System: 5 years
- Solar Modules: 30 years (performance warranty)
- Inverter: 10 years
All prices are subject to change. Contact us for the latest pricing and availability.
Reliance Industries Ltd. | 2026
