Reliance Infrastructure Expands into Renewable Energy Equipment Manufacturing

Mumbai, India – February 18, 2025: Reliance Infrastructure (RInfra) is expanding its business horizon by investing in the production of renewable energy (RE) equipment. The organization is set to commission an integrated solar manufacturing unit as well as a state-of-the-art battery plant with a view to augmenting India's clean energy infrastructure.

Strategic Expansion into Renewable Energy Manufacturing
RInfra is eyeing investment in renewable energy equipment manufacturing to address the growing need for green energy solutions. In the wake of India's push for clean energy production self-reliance, the company's new business will boost domestic solar panel and battery manufacturing capacity.

The venture is in tandem with the Indian government's efforts to manufacture domestically and reduce the import dependence of renewable energy machinery. The new plants will aid in adding stability to solar power infrastructure as well as battery storage solutions for the grid and electric mobility.

Major Leadership Appointments
To fuel this new company, RInfra has made key industry hires:

Ivan Saha as CEO of Renewable Manufacturing. Saha has over 30 years of experience with device design, solar technology, and semiconductors. Saha previously worked with companies like Vikram Solar and ReNew Power, where he participated in developing solar manufacturing capabilities.

Mushtaque Hussain as Battery Manufacturing CEO. Hussain has more than 25 years of experience in industries such as automotive, renewable energy, consumer electronics, and power tools. He has held senior leadership positions in top organizations such as Reliance Industries Ltd (RIL) and Tesla.

Integrated Solar Manufacturing Unit
RInfra's solar manufacturing facility will make high-efficiency solar panels and accessories. It assists the country in its mission to build its solar power generation capacity as it strives to stem reliance on foreign imports. The factory will marry the new technologies in the production of solar panels while maintaining efficiency and sustainability.

Advanced Battery Manufacturing for Energy Storage & Electric Mobility
The battery production company will specialize in creating cutting-edge energy storage solutions. These will be created for applications related to electric mobility and grid, targeting India's increasing demand for energy storage. Lithium-ion and emerging battery technologies will be the focal point to address the evolving demands of electric vehicles (EVs) and renewable energy storage.

RInfra's Role in the Infrastructure Sector
Reliance Infrastructure has major presence in metro rail operations business, toll roads, and power distribution. The entry into renewable energy equipment manufacturing is a part of its long-term strategy of investing in sustainable infrastructure opportunities. The move will be expected to aid India's renewable energy transition and give momentum to the nation's clean energy aspirations.

Source
Industry reports and company disclosures have been the source of the information.