Reliance Industries to invest $8bn for development of giga-factories for fuel cells and electrolysers

By George Heynes on Jun 25, 2021

Reliance Industries CEO and Indian Tycoon, Mukesh Ambani, has revealed several hydrogen related projects the company will be developing – investing 60,000 crore rupees ($8bn) into the group.

Speaking at Reliance Industries 44^th Annual General Meeting on Thursday (June 24), Ambani stated the company’s intention to develop four giga-factories in the region to support hydrogen production and renewable energy sources.

This is part of a plan to create a fully integrated, end-to-end renewables energy eco-system.

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Reliance Industries to invest $8bn for development of giga-factories for fuel cells and electrolysers

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Reliance Industries to invest $8bn for development of giga-factories for fuel cells and electrolysers

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