At a shareholder meeting in Bengaluru, Indian conglomerate Reliance Industries revealed its ambitious plans for the new energy business, which Chairman Mukesh Ambani believes will match the profitability of the oil-to-chemicals segment in the coming years. The company's diversified energy portfolio includes ventures into solar photovoltaic, fuel cell manufacturing, energy storage, and green hydrogen production. Analysts have been eagerly awaiting insights into Reliance's green energy enterprise, which has garnered substantial investments. Reliance Industries, known for operating the world's largest refining complex in Jamnagar, is strategically focusing on transitioning to renewable energy sources. With a commitment to achieving net zero carbon emissions by 2035, the conglomerate announced a $10 billion investment to bolster its green energy initiatives. By launching solar photovoltaic module production and establishing integrated solar facilities, Reliance aims to contribute a significant portion of India's energy output from Gujarat's arid wasteland. The company also plans to develop transmission infrastructure to support solar projects gradually coming online from 2026. Furthermore, Reliance Industries has allocated land at Kandla port for the production and distribution of green fuels to cater to local and global markets. This strategic move showcases Reliance's dedication to sustainable practices and reinforces its position as a key player in the renewable energy sector.