GOA – As the global energy elite descends upon Goa for the fourth edition of India Energy Week (IEW) 2026 (Jan 27–30), Reliance Industries Limited (RIL) has signaled its dominance by completing a massive corporate restructuring of its renewable energy vertical.
The Strategic Merger
In a move to sharpen its focus on the “Net-Zero” roadmap, Reliance has successfully merged 16 step-down subsidiaries into Reliance New Energy (RNE). This consolidation brings diverse operations—including electrolyzer manufacturing, solar power electronics, and battery storage—under a single, streamlined corporate umbrella. The merger is designed to eliminate operational silos as the company prepares to commission its first wave of “Giga Factories” later this year.
2026: The Year of the Giga Factory
The restructuring comes at a pivotal moment. Reliance recently reaffirmed its aggressive timelines for the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar:
Battery Giga Factory: Commercial production of battery cells is on track to begin in 2026 with an initial capacity of 40 GWh, eventually scaling to 100 GWh.
Green Hydrogen: The electrolyzer giga factory is also slated for commissioning by late 2026, aiming to make India a global hub for low-cost green hydrogen.
Solar Expansion: Having already produced high-efficiency modules, RIL is now scaling toward a 20 GW annual capacity, making it one of the largest integrated solar sites in the world.
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Spotlight at India Energy Week
At the ongoing IEW 2026 in Goa, the “Reliance New Energy” pavilion is expected to be a centerpiece of the Hydrogen and Renewable Energy Zones. With over 75,000 delegates and 17 international ministers in attendance, the event serves as a “silent witness”—much like our journey together—to India’s accelerating energy transition.
“Hydrocarbons will remain vital, but our strategy is clear: excel in traditional energy while building the system of the future.” — Mukesh Ambani, Chairman, RIL