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Reliance Industries is investing in India’s first world-scale carbon fibre plant for supporting hydrogen and solar ecosystems.
“Our new Green Vision also has immense benefits for our existing O2C business. First, we will use solar energy on an economically attractive basis to decarbonise our existing O2C business and accelerate our journey to become net carbon zero. Second, we will use Green Hydrogen and CO2 as raw materials to develop a road map for new Green Chemicals, Green Fertiliser and e-fuels. Third, we will commercialise with global partners our own world beating proprietary Multi-zone Catalytic Cracking (MCC) Technology to optimise the fossil fuel transition to sustainable chemical and material building blocks. Thus, we will transform our legacy business into sustainable, circular and net zero carbon materials business. One that will provide growing returns over several decades,” said Mukesh Ambani, Chairman, Reliance Industries.
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