Billionaire Mukesh Ambani’s Reliance Industries Ltd will commission a new energy giga complex in Gujarat in the second half of 2024, the company said in an earnings statement and investor call.Reliance is building a giga complex spread over 5,000 acres in Jamnagar in Gujarat. The complex comprises five giga factories for photovoltaic panels, fuel cell system, green hydrogen, energy storage and power electronics.”On track to commence new energy facilities in phases this year,” the company said in a post-third-quarter earnings call with investors.
Post announcement of third-quarter earnings on Friday, Ambani stated that the “New Energy Giga Complex is all set to be commissioned in the second half of CY24.
