Reliance Industries Ltd has reported that its battery giga-factory is in the advanced stages of commissioning, according to the FY26 annual report released on May 28, 2026.
The facility is to begin ramping up production of lithium iron phosphate (LFP) batteries in the 2nd half of 2026. The plant will have an initial production capacity of 40 gigawatt-hours (GWh) a year.
The company has also outlined plans to increase capacity to 100 GWh in subsequent phases.
Alongside battery manufacturing, Reliance has provided fresh timelines for its green hydrogen business. The company is targeting production capacity of 3 million metric tonnes per annum (MMTPA) by 2032, with output aimed at overseas markets.
Green hydrogen is being explored as an alternative fuel for sectors such as fertilisers, refining, chemicals and shipping, where reducing carbon emissions remains a challenge.
Reliance said supplies under its 15-year green ammonia offtake agreement with Samsung C&T are to begin in the second half of FY29.
Green ammonia is produced using green hydrogen and is increasingly being considered for industrial applications and long-distance transportation of hydrogen.
The company also shared updates on its solar manufacturing and power generation projects.
Its solar manufacturing facility at Jamnagar is on track to reach 10 GWp of annual capacity, with plans for further expansion to 20 GWp.
Reliance is additionally developing a 6 GWp solar power project in Andhra Pradesh. In Gujarat, power generation from its renewable energy project in Kutch is to begin in FY27.
Spread across around 5,50,000 acres, the Kutch project is expected to supply electricity for captive use and future green fuel production.
Many of these projects are being developed at Reliance’s Jamnagar complex, where the company is building facilities across solar manufacturing, battery storage, and green fuels.
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As of May 29, 2026, 9:45 am, Reliance Industries share price was trading at ₹1,350.60, up 0.0074% from the previous closing price.
Updates in the FY26 annual report indicate continued development across Reliance's new energy businesses, including energy storage, solar manufacturing, renewable power generation and green fuels.
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Published on: May 29, 2026, 11:26 AM IST
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