"The first phase of our 40 GWh annual BESS and Cell Giga Factory is on track to be commissioned this year, with plans to enhance this up to 120 GWh of annual
capacity", Mukesh Ambani, Chairman and Managing Director of Reliance India Ltd stated in his address during company's 49th annual general meeting held on Friday.
"All the equipment has already been delivered at the site" Ambani noted. "And we have now committed to scale this up to 120 GWh of annual capacity" he added
before continuing that when commissioned, this will make Reliance one of the world's largest manufacturers of lithium iron phosphate batteries.
To put things into perspective, Ambani highlighted that in a world where supply chains are being contested and access to technology is being weaponised, building world-scale battery manufacturing capacity in India is not merely a business decision, but is a strategic imperative for national resilience.
The project is expected to create 200,000 jobs through the Giga Complex and the Kutch Solar Farm combined. "Two hundred thousand Indians – engineers, technicians, operators, construction workers, farmers, and entrepreneurs – whose livelihoods will be built on clean energy" Ambani said in this address.