India’s largest private sector company Reliance Industries Ltd (RIL) has announced a significant investment in sustainable energy with its Rs 65,000 crore compressed bio-gas (CBG) project in Andhra Pradesh. The initiative aims to set up 500 CBG plants across the state, with the foundation stone for the first facility being laid by state IT and Electronics Minister Nara Lokesh at Kanigiri in Prakasam district on Wednesday.
This large-scale project is expected to generate 4 million tonnes of clean CBG and 1.1 million metric tonnes of organic fertiliser annually. Additionally, it will boost rural employment by creating 250,000 jobs while utilising 500,000 acres of barren and idle land in Prakasam, Anantapur, Chittoor and Kadapa districts.
Strategic investment and economic impact
RIL has allocated Rs 139 crore for the initial phase, which will leverage innovative technology and Napier grass to efficiently produce bio-gas. A total investment of Rs 65,000 crore will be made across multiple plants, reinforcing India’s commitment to clean energy and circular economy principles.
“The project will result in significant livelihood opportunities for the rural economy through lease revenues to farmers and a fixed price for the grass grown by them,” Reliance Industries said in an exchange filing.
Reliance’s clean energy drive and future prospects
The initiative is in line with India’s move towards sustainable energy and RIL’s broader net-zero emissions roadmap. Given the growing global focus on biofuels, the company’s CBG investments are expected to:
Reduce dependence on fossil fuels
Reduce carbon emissions
Support agricultural waste management
With annual revenues of Rs 10,00,122 crore, cash profit of Rs 1,41,969 crore and net profit of Rs 79,020 crore (FY 24), RIL continues to consolidate its position as a leader in the energy transformation.