Reliance Industries Limited (RIL) has entered into a technology licensing agreement with Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA, to manufacture electrolysers in India. This exclusive license grants RIL the rights to utilize Nel's alkaline electrolyser technology for both captive use in India and global manufacturing. The collaboration between the two companies extends to areas such as research and development, value engineering, and standardization to improve the competitiveness of the technology platform. Nel will also have the opportunity to procure equipment from Reliance for its projects and benefit from the expanding market. However, Nel will continue to serve the Indian market with technology solutions beyond the scope of this agreement. RIL's ambitious Dhirubhai Ambani Green Energy Giga Complex in Jamnagar is set to house various giga factories, including an electrolyser manufacturing unit, within its vast expanse. Additionally, RIL has been granted a 300 MW capacity under the government's production linked incentive scheme for electrolyser manufacturing, further solidifying its commitment to transitioning towards green hydrogen by 2025, following the establishment of cost-effective and high-performing electrolyser technologies.