Reliance Industries has inked a significant technology licensing agreement with Nel Hydrogen, granting them exclusive rights to Nel's alkaline electrolyzer production platform in India. This partnership empowers Reliance Industries to produce Nel's alkaline electrolyzers domestically and globally for their internal needs, aligning with their target of achieving net-carbon zero status by 2035. The collaboration also opens up new revenue avenues for Nel Hydrogen, facilitating its entry into the burgeoning Indian market which was previously inaccessible. Reliance Industries, a major player in the energy landscape, is dedicated to building a comprehensive new energy value chain to support the transition to sustainable practices. The company's latest move to integrate Nel's technology into their operations signifies a strategic step towards a cleaner and greener future. With Nel's expertise and Reliance's manufacturing capabilities, the partnership is poised to drive innovation and growth in the renewable energy sector, benefiting both entities and contributing to the global sustainability agenda.