Reliance Industries seeks battery supply diversification through CATL talks. India's largest conglomerate is negotiating with Chinese battery giant CATL and other global suppliers for battery energy storage system components at its upcoming Jamnagar facility in Gujarat. This strategic move aims to establish a second major source of battery parts, supplementing existing partnerships that have faced recent obstacles. The initiative reflects Reliance's response to Chinese export restrictions on core battery technology. The Jamnagar complex will become India's largest energy storage facility, supporting Chairman Mukesh Ambani's vision of positioning the company as a clean energy leader. This infrastructure is crucial for India's renewable energy expansion toward its 500-gigawatt capacity target by 2030. Industry projections indicate the Indian energy storage market could expand to 336.
