Reliance Begins Operations At Clean Energy Giga Complex

01 Jun 2026 CW Team

The new 720 watt-peak panels secured Bureau of Indian Standards certification and were reported to offer 10 per cent higher energy yield and 25 per cent lower degradation than standard industry parameters. Reliance commenced advanced commissioning of a battery energy storage system giga-factory with an initial annual capacity target of 40 GWh, with civil construction completed and equipment installation progressing to support a production ramp up through the second half of 2026. The company framed the factory as a key element in its clean energy manufacturing capabilities.

Total research and development expenditure across the group rose 11.9 per cent to Rs 46.82 billion (bn), supporting a specialised workforce of over 1,000 scientists, engineers and specialists. The telecom and digital arm, Jio Platforms, increased its intellectual property filings, with approximately 3,476 new patents recorded in the fiscal year. The annual report described these investments as part of a broader push to drive innovation across connectivity, artificial intelligence, cloud and digital services.

Reliance elevated its contribution to the national exchequer to Rs 2,164.72 bn in FY26, up 2.95 per cent from Rs 2,102.69 bn in the previous year. The group reported a Total Value Added of Rs 4,634.48 bn in FY26, of which the government received the largest share at 46.7 per cent. Reinvestment was Rs 1,638.15 bn (35.3 per cent), providers of debt Rs 431.52 bn (9.3 per cent), employee benefits Rs 303.18 bn (6.5 per cent), providers of equity Rs 74.43 bn (1.6 per cent) and contribution to society Rs 22.48 bn (0.5 per cent).

Reliance Industries Limited has operationalised the initial phase of its clean energy giga complex at Jamnagar, commissioning core manufacturing assets and delivering the first 200 megawatt (MW) peak of heterojunction solar modules. The company said its clean energy segment expanded through multiple specialised manufacturing units within the Dhirubhai Ambani Green Energy Giga Complex. The facility was presented as a strategic step to scale integrated solar PV manufacturing, energy storage and green energy infrastructure. The new 720 watt-peak panels secured Bureau of Indian Standards certification and were reported to offer 10 per cent higher energy yield and 25 per cent lower degradation than standard industry parameters. Reliance commenced advanced commissioning of a battery energy storage system giga-factory with an initial annual capacity target of 40 GWh, with civil construction completed and equipment installation progressing to support a production ramp up through the second half of 2026. The company framed the factory as a key element in its clean energy manufacturing capabilities. Total research and development expenditure across the group rose 11.9 per cent to Rs 46.82 billion (bn), supporting a specialised workforce of over 1,000 scientists, engineers and specialists. The telecom and digital arm, Jio Platforms, increased its intellectual property filings, with approximately 3,476 new patents recorded in the fiscal year. The annual report described these investments as part of a broader push to drive innovation across connectivity, artificial intelligence, cloud and digital services. Reliance elevated its contribution to the national exchequer to Rs 2,164.72 bn in FY26, up 2.95 per cent from Rs 2,102.69 bn in the previous year. The group reported a Total Value Added of Rs 4,634.48 bn in FY26, of which the government received the largest share at 46.7 per cent. Reinvestment was Rs 1,638.15 bn (35.3 per cent), providers of debt Rs 431.52 bn (9.3 per cent), employee benefits Rs 303.18 bn (6.5 per cent), providers of equity Rs 74.43 bn (1.6 per cent) and contribution to society Rs 22.48 bn (0.5 per cent).

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Infrastructure Energy

05 Aug 2026

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Infrastructure Urban

05 Aug 2026

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..