Reliance Industries Ltd's recent technology partnership with Nel ASA from Norway marks a significant step towards accelerating its new energy investments, particularly in green hydrogen production. The agreement grants RIL an exclusive license to manufacture Nel's alkaline electrolysers in India and globally for captive purposes. This collaboration is seen as mutually beneficial, with RIL advancing its green energy goals and decarbonizing its portfolio, while Nel ASA gains a new revenue stream in India and diversifies its income sources. Nel ASA's established global market presence in electrolysers adds credibility to the partnership. The deal also allows Nel ASA to source equipment from Reliance for its projects, ensuring a symbiotic relationship between the two companies. Mukesh Ambani's bold announcement of investing $75 billion in renewables infrastructure, which includes green hydrogen technology, underscores Reliance's commitment to spearheading India's green energy revolution. This strategic move not only positions Reliance as a key player in the renewable energy sector but also aligns with global efforts towards sustainable energy practices.