Mukesh Ambani is the richest person in India and he spearheads Reliance Industries (RIL), which is the most valuable company in the country with a market cap of Rs 1896000 crore. For those who are unaware, Reliance New Energy is primarily led by Mukesh Ambani’s son Anant Ambani, who serves as an Executive Director and is a pivotal figure in the company's transition toward green energy. This means that Anant Ambani will now also lead the new subsidiaries given to him by Mukesh Ambani led RIL as the conglomerate streamlines its expanding portfolio of hydrogen, energy storage and power electronics businesses. Anant Ambani will now take care of Reliance Power Electronics Limited, Reliance Electrolyser Manufacturing Limited, Reliance Green Hydrogen and Green Chemicals Limited, Reliance New Energy Storage Limited, Reliance Hydrogen Electrolysis Limited, Reliance Hydrogen Fuel Cell Limited, Kutch New Energy Projects Limited, Reliance Petro Materials Limited, and three infrastructure arms based in Kalamboli, under the Reliance New Energy. As per the official website, Reliance New Energy has spent around Rs 6700 crore in investments and acquisitions till now.

Source: News 24 January 23, 2026 06:09 UTC