Fuel prices have gone up by Rs 8 in Mumbai in the month of May alone.

RIL said natural gas is expected to play an increasingly critical role in India’s energy transition, with its share in the energy mix targeted to rise from around 6% to 15% by 2030. “RIL’s gas portfolio remains well-positioned to support this structural shift, contributing nearly 30% of the country’s domestic gas production,” RIL said.

Continued development of deepwater and CBM assets, supported by existing infrastructure and operational efficiencies, is expected to further augment supplies and cater to India’s growing gas demand in FY 2026–27 and beyond, it said.

RIL to operationalise 40 GWh BESS capacity

RIL said its battery energy storage system (BESS) giga-factory is nearing commissioning, with the company set to operationalise 40 GWh of annual capacity—scalable to 100 GWh—as production ramps up in the second half of 2026.

BESS is a technology that stores electrical energy in batteries so it can be used later when needed. Adani Green Energy Ltd (AGEL) has already commissioned a cumulative 3.37 Gigawatt-hour (GWh) BESS this week.

According to RIL’s latest annual report, the company is progressively commissioning its HJT (Heterojunction Technology) cell and module lines.

The first 200 MWp of high-efficiency HJT modules have been delivered — demonstrating 10% higher energy yield and 25% lower degradation versus industry standards, with 720 Wp BIS — certified panels.

“Reliance remains on track to scale to 10 GWp per annum, with expansion to 20 GWp planned, targeting 26% module efficiency. Polysilicon, glass, ingots, and wafers are being commissioned in phases toward full integration,” it said.

The Dhirubhai Ambani Green Energy Giga Complex at Jamnagar is envisaged as the  most integrated clean energy manufacturing ecosystem outside China, the report said.