Reliance Infrastructure (RInfra) is venturing into renewable energy (RE) equipment manufacturing to diversify its business and strengthen India’s clean energy sector. This strategic move aligns with the country’s goal of achieving self-reliance in clean energy technology.
Leadership Appointments to Drive Growth
To lead its renewable energy initiatives, RInfra has appointed industry veterans to key positions. Ivan Saha will serve as the CEO of renewable manufacturing, overseeing the company’s solar manufacturing operations. Meanwhile, Mushtaque Hussain will head the battery manufacturing division, focusing on advanced energy storage solutions.
Integrated Solar Manufacturing Unit
RInfra plans to establish an integrated solar manufacturing unit to enhance domestic production of solar panels and components. The initiative aims to support India’s clean energy goals while reducing reliance on imported equipment.
Battery Manufacturing for Advanced Energy Storage
In addition to solar manufacturing, RInfra will develop a battery manufacturing unit. This facility will focus on producing advanced energy storage solutions for grid applications and electric vehicles, addressing the growing demand for sustainable energy storage.
Strengthening India’s Renewable Energy Landscape
With a strong track record in metro rail, toll roads, and power distribution, RInfra is now leveraging its expertise to enter the renewable manufacturing space.
As reported by manufacturingtodayindia.com, the company is investing in cutting-edge technology and experienced leadership. It aims to make a significant impact on India’s rapidly expanding renewable energy sector.
