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Reliance New Energy Limited

Reliance New Energy Limited

Mumbai, Maharashtraril.com

Overview

Reliance New Energy Limited (RNEL) is a wholly-owned subsidiary of Reliance Industries Limited (RIL) focused on building one of the world's leading new energy and new materials businesses. The company is developing an integrated renewable energy ecosystem, including the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar, India, which will house giga factories for photovoltaic panels, energy storage batteries, green hydrogen electrolysers, and fuel cells. In addition to its primary manufacturing and operational goals, RNEL makes strategic investments and acquisitions in companies within the new energy and new mobility sectors to build its capabilities.

Portfolio Companies

2

Website

ril.com

Investments

Reliance New Energy Limited investments
CompanyDateStageLead
NexWafeMay 2023VC RoundCo-investor
AltigreenFeb 2022Series ACo-investor

Sector & Stage Mix

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersMumbai, Maharashtra
Year FoundedN/A

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