Insight - Ambani’s US$75bil plan aims to make India a hydrogen hub


Business strategy: A bird flies past a Reliance Industries logo in Ahmedabad. Analysts say Reliance is likely to opt for hydrogen in a bid to avoid India’s wholesale electricity market. — Reuters

BILLIONAIRE Mukesh Ambani’s ambitious effort to pivot his conglomerate Reliance Industries Ltd toward green energy could transform India into a clean-hydrogen juggernaut.

Ambani, Asia’s richest man, announced plans earlier this month to invest US$75bil (RM314.31bil) in renewables infrastructure including generation plants, solar panels and electrolysers.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Mukesh Ambani , India , hydrogen hub , Insight ,

Next In Business News

Ringgit closes higher against greenback on cautious market sentiment
T7 Global subsidiary appointed panel contractor for PETRONAS
YTL inks RM200mil naming rights deal with Aviva for Bristol arena
KL High Court dismisses appeals of former Jalatama officers
Well Chip posts FY25 net profit jump to RM86.15mil
Angkasa targets 2026 revenue to reach up to RM75bil
Aeon Credit issues RM100mil five-year senior sukuk
Late bargain-hunting lifts Bursa Malaysia to end higher
Net foreign inflows into Malaysian bonds reach RM951.9mil in January - RAM Ratings
Wawasan Dengkil's 2Q net profit falls due to revision of project costs

Others Also Read