FCC

RIL to produce green hydrogen in 2 years

2023-08-03

According to three officials familiar with the development, Reliance Industries (RIL) is preparing to produce green hydrogen by 2025 and is establishing the necessary infrastructure for its disbursement from the proposed plant in Gujarat. The company has acquired 74,750 hectares of land in Gujarat on a 40-year lease for its green hydrogen project. To facilitate the supply of green hydrogen and its retail distribution, RIL is collaborating with original equipment manufacturers (OEMs) and plans to use its Jio-BP outlets.

An industry official, speaking on the condition of anonymity, mentioned that RIL is setting up the infrastructure for dispensing green hydrogen. The company aims to be ready for the production of green hydrogen by 2025 and is taking measures to ensure the smooth offtake of the fuel. RIL is expected to undertake further initiatives in the future.

RIL, under the leadership of Mukesh Ambani, is investing $ 10 billion in capital expenditure to establish its new energy ecosystem. In the past seven months, it has formed partnerships with OEMs to secure the supply of green hydrogen.

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