Reliance Industries is planning to replace transportation auto fuels with clean electricity and hydrogen as it set a target to become net carbon-zero by 2035. The oil-telecom-to-retail conglomerate, which has pivoted away from energy to the new economy in recent years, will use technology to convert carbon dioxide into valuable chemicals and other material building blocks. The company operates 1.36 million barrels per day refineries at Jamnagar in Gujarat and is one of the leading petrochemical manufacturers in the world.
Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.
