Reliance to set up 10 GW solar energy project in AP: Ambani
Reliance Industries Chairman Mukesh Ambani on Friday said his group will be investing in Andhra Pradesh to set up a 10 GW renewable solar energy project.
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Reliance to restructure, repurpose gasification assets
Reliance Industries board decided to implement a 'Scheme of Arrangement' to transfer the 'Gasification' undertaking into a wholly-owned subsidiary.
Reliance buys REC Solar for $771 million
India's Reliance Industries Ltd on Sunday announced acquisition of REC Solar Holdings for an enterprise value of $771 million from China National Bluestar (Group) Co Ltd…
19 firms evince interest to set up solar PV units under PLI
As many as 19 firms, including Reliance Industries Ltd (RIL), Adani Group and Tata have evinced interest for setting up solar manufacturing units under a production…
Reliance aims at 100 GW renewable energy by 2030
Reliance Industries will by 2030 create or enable capacity to generate at least 100 GWs of electricity from renewable sources, which can be converted into carbon-free…
PM announces self-reliance in energy by 2047
Prime Minister Narendra Modi formally announced the launch of a National Hydrogen Mission to accelerate plans to generate the carbon-free fuel from renewables as he set…
$300-400M investment expected in latest oil & gas bid round
India on Friday launched a new oil and gas exploration bid round, hoping to attract USD 300-400 million investment in discovering hydrocarbon reserves in the country.
India’s gas production jumps 19.5% in June
India's natural gas production jumped 19.5% in June, as Reliance Industries Ltd and its partner BP Plc ramped up output from their eastern offshore KG-D6 block
Ambani to invest Rs 75,000 cr towards clean energy
Billionaire Mukesh Ambani announced a Rs 75,000 crore investment in setting up four 'Giga' factories to make solar photovoltaic cells, green hydrogen, batteries and fuel cells…
No option but to make businesses green: Ambani
Asia's richest man Mukesh Ambani said there is no option for businesses but to go green and every unit of Reliance Industries would have to pivot…
Saudi Aramco’s possible appointment on Reliance board
Saudi Aramco chairman and Governor of the Kingdom's wealth fund Public Investment Fund, Yasir Al-Rumayyan, may be inducted on the board of Reliance Industries Ltd, a…
RIL to foray into new energy business amid climate concerns
As environmental concerns regain momentum across the globe and companies are setting carbon neutral targets, oil-to-telecom major Reliance Industries (RIL) plans to give a major push…
Reliance-BP delivers deep water gas fields despite COVID
Reliance Industries Ltd along with its JV Partner BP had embarked on concurrent development of three deep water fields in the Krishna Godavari basin block, KG-D6
India’s gas output rises 23% as RIL-BP fields start production
India's natural gas production jumped 22.7% in April after Reliance Industries Ltd and its partner BP Plc ramped up output from their eastern offshore KG-D6 block
Intense bidding for KG-D6 gas in e-auction
Gas user’s companies like Indian Oil Corporation (IOC), Reliance O2C, GAIL Gas, Adani Total Gas Ltd, Torrent Gas, Torrent Power and gas trading companies like GAIL,…
Reliance-BP seek buyer for 5.5 mmscmd gas from KG-D6
Reliance Industries Ltd and its partner BP Plc of UK have sought bids for sale of 5.5 million standard cubic meters per day of additional natural…
Gas producers bleed as govt dictated prices remain low
Natural gas production remains a loss-making proposition for most fields for the Indian upstream producers as government-dictated gas price remains at its lowest level
Reliance-Aramco deal if crude oil averages USD 65/barrel
A fall in crude oil price and Aramco's USD 75 billion annual dividend commitment may have delayed Saudi company picking a stake in Reliance Industries Ltd's…
India’s gas production has risen above pre-COVID level
India's natural gas production has risen above the pre-COVID level following the start of output from a KG-D6 field operated by Reliance Industries Ltd and its…
Reliance & BP to pay for shortfall in KG-D6 production
Reliance Industries and its partner BP Plc of UK have committed to pay in cash for any natural gas volumes they are unable to deliver to…
RIL’s R-Series field to start gas production from November
Reliance Industries plans to start the delayed production from the second wave of discoveries in its eastern offshore KG-D6 block in November. They are working on…
Aramco, ADNOC committed for $44 bn west coast project
Saudi Arabian Oil Co (Saudi Aramco) and Abu Dhabi National Oil Co (ADNOC) are still committed to investing in the planned USD 44 billion west coast…