Page 134 - CW E-Magazine (10-9-2024)

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100% subsidiary of Agrocel Industries Pvt. Ltd.
Reliance unveils big plans for its new energy business AGROCEL
INDUSTRIES PVT LTD
Mr. Mukesh Ambani, Chairman sive expansion into retail, telecom and 2026. Mr. Ambani also announced plans
of Reliance Industries Ltd. (RIL), has green energy. In 2021, RIL announced to build multi-GW electrolyser manu- India’s leading manufacturer of Bromine offers
announced that the company aims to $10-bn of investments to develop its facturing facility on the west coast of
make Jamnagar the energy capital of the green energy portfolio and achieve its India, which will be ready by 2026.
world, with major plans for its new 2035 net zero carbon goal. Mr. Ambani Bromine, HBr, CaBr , NaBr
energy business by year-end. said Reliance is on track to make the “Our deep understanding of electro-
planned investments. chemistry, combined with our ability to 2
The company’s new energy business industrialise at scale and integrate with
consists of solar photovoltaic and fuel “We are on track to fully commit low-cost solar energy, gives us a unique n-Propyl Bromide
cell manufacturing, energy storage and and invest up to Rs. 75,000-crore to advantage in delivering green hydrogen
green hydrogen production, among establish this manufacturing ecosys- and green fuels at the most economical
others. tem, extensively enabled by all emer- cost,” he said. The chairman also said Iso Propyl Bromide
ging technologies including AI, IoT, that this giga-factory will be fully adapt-
“By 2025, Jamnagar will also become Machine Learning, and Robotics. Our able, capable of supporting various tech-
the cradle of our new energy business. complete ownership and automation of nologies such as Alkaline, PEM, and Phosphorus Tribromide
The Dhirubhai Ambani Green Energy the integrated value chains will allow AEM.
Giga Manufacturing Complex will be the us to maximise margins that are higher
world’s largest, most modern, modular, than those of stand-alone, non-integra- The group has leased arid wasteland
and integrated ecosystem at a single ted players,” he said. in Gujarat to generate about 150-billion Phosphorus Oxybromide
location,” Mr. Ambani said at the company’s units of electricity in the next 10 years,
47th AGM recently. First solar giga factory this year about 10% of India’s energy require-
RIL said it plans to commission ments, Mr. Ambani said. Ethyl-2-Bromobutyrate
“I foresee the new energy becoming its first solar giga-factory this year as
as big and profitable over the next 5-7 part of the pivot towards green energy. It is also building transmission
years, as our O2C (oil-to-chemicals) The solar giga factory will include the infrastructure to bring online solar 1-Bromo,3-Chloropropane
business, which we had built over the manufacturing of photovoltaic (PV) generation projects in a phased manner
past 40 years,” he added. modules, cells, wafers and ingots, from 2026, he said. Mr. Ambani said
polysilicon, and glass at a single loca- the company has secured land at Kandla
RIL operates the world’s biggest tion. Mr. Ambani said the first train of port, next to its marine infrastruc-
refining complex at Jamnagar. The 20-GW solar PV manufacturing “will ture at Jamnagar, for the production,
complex houses two refineries with a commence production” by the end of storage and shipping of green fuels
combined capacity of about 1.4-million this year. to local and global markets. “Overall,
barrels per day and is at the core of its the Reliance Group is well on track to
O2C operations. This business contri- RIL is also targeting industrialising more than double in size before the end
butes two-thirds of the Reliance’s overall sodium-ion cell production at the MW of this decade and grow faster in the
revenue, making it a key profit driver, level in 2025 and initiating the first 50- decades ahead,” Mr. Ambani said in the
despite the conglomerate’s aggres- MWh a year lithium battery cells pilot in concluding minutes of his speech.

New office bearers elected by Indian Battery

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Marketing Office:
The Indian Battery Manufacturers and MD of Luminous Power Techno- IBMA also elected Mr. Rajesh B-701-702, 7th Floor, Flexcel Park, 184-87, S.V. Road, Jogeshwari (West), Mumbai - 400 102. Maharashtra, India.
Association (IBMA) held its 3rd logies Pvt. Ltd. as its new President. Jindal, President & Chief Marketing Tel: 022-62162800 / 26790871 w Email: info@agrocel.net w Website: www.agrocel.co.in
Annual General Meeting at New Delhi on Ms. Bajaj previously served as the Officer, Amara Raja Energy & Mobi-
28th August 2024. During the meeting, Vice President of IBMA and succeeds lity Ltd., as the new Vice President of Works:
IBMA elected Ms. Preeti Bajaj, CEO Mr. Arun Mittal of Exide Industries Ltd. IBMA. w Greater Rann of Kutch, Near Village Dhordo, Taluka Bhuj, Kutch - 370 510. Gujarat India.
w Survey No. 442-443, Near Village Avania, Ghogha Road, Bhavnagar - 364 002. Gujarat, India.
134 Chemical Weekly September 10, 2024

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