The company will instead convert these fuels into petrochemicals, while focusing on batteries for electric vehicles and hydrogen for transport, chairman Mukesh Ambani told shareholders.
MUMBAI: Reliance Industries Ltd, operator of the world’s biggest oil refining complex, plans to replace sales of road fuels like diesel and petroleum with cleaner alternatives as it seeks to position itself to ride the global energy transition.
The company will instead convert these fuels into petrochemicals, while focusing on batteries for electric vehicles and hydrogen for transport, chairman Mukesh Ambani told shareholders at its AGM Wednesday.
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