At the annual general meeting of Reliance Industries Ltd (RIL) on Monday, chairman Mukesh Ambani made several announcements centred on Gujarat, mainly in Hazira, Dahej and Jamnagar.
Ambani announced one of the world’s largest single-train PTA plants of 3 MMTPA capacity at Dahej in Central Gujarat. He said, “We will also invest in a 1 MMTPA PET plant at Dahej. Both PTA and PET will be targeted for completion by 2026.”
Ambani also announced to triple the existing capacity in the vinyl chain at Dahej and Jamnagar in Gujarat. He said, “We will aim to complete 1.5 MMTPA of feedstock integrated PVC expansion at Dahej and Jamnagar in phases by 2026. We will also add capacities to make EDC and PVC at Ruwais, in the UAE, as part of the Ta’ziz Chemical Zone. The joint venture with ADNOC and ADQ will target to fulfil the domestic demand of the region. With these expansions, Reliance will rank among the Top-5 producers of PVC globally.”
Last year, Ambani also announced the setting up of the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar. “We aim to establish and enable at least 100GW of solar energy by 2030. We have partnered with Stiesdal to accelerate cost reduction and commercialisation of their Pressurised Alkaline Electrolyzer technology. In addition, we are in advanced discussions to partner with other leading electrolyser technology players globally to set up a giga-scale electrolyser manufacturing facility at Jamnagar,” he said.
Reliance recently inaugurated Phase I of its Bio-Energy Technology (BET) Centre at Jamnagar on August 15. “Reliance’s captive energy requirement across businesses provides us with a large base-load demand to support our plans to set up giga-scale manufacturing. It will accelerate our commitment to investing Rs 75,000 crore towards establishing our fully integrated New Energy manufacturing ecosystem in Jamnagar,” the RIL chairman said.