Reliance Industries Ltd (RIL) will commission a new energy giga complex in Jamnagar, Gujarat in the second half of 2024, the company said in a statement.

The Dhirubhai Ambani Green Energy Giga Complex, spread over 5,000 acres, comprises of five giga factories for photovoltaic panels, fuel cell system, green hydrogen, energy storage and power electronics.

RIL chairman and managing director Mukesh Ambani said that the “New Energy Giga Complex is all set to be commissioned in the second half of CY24. I am confident that Reliance's New Energy business will play a pivotal role in the global movement for adoption of cleaner fuels."

The company has signed an MoU with the Gujarat government to set up 100 gigawatt renewable power facility at ₹5 lakh crore capex.

It has received in-principle nod for 74,750 hectares of land parcels in Kutch for green hydrogen project..