Mumbai: Reliance Industries on Thursday said it has completed the amalgamation of 16 step-down wholly owned subsidiaries into Reliance New Energy Ltd (RNEL), a move aimed at simplifying the group’s fast-expanding clean energy business and improving operational efficiency.
The merger, effective January 21, 2026, follows an order by the Regional Director, Western Region, under the Ministry of Corporate Affairs. The companies that have been merged include entities focused on power electronics, electrolysers, green hydrogen and chemicals, energy storage, hydrogen fuel cells and carbon fibre cylinders, along with select infrastructure arms.
Reliance said the consolidation brings together businesses such as Reliance Green Hydrogen and Green Chemicals, Reliance Electrolyser Manufacturing, Reliance New Energy Storage and multiple hydrogen electrolysis and fuel cell entities under RNEL, which is a wholly owned subsidiary of Reliance Industries.
The move is expected to reduce structural complexity, streamline decision-making and enable better capital allocation as the conglomerate scales up its investments in clean energy technologies. Over the past few years, Reliance has outlined ambitious plans to build an integrated new energy ecosystem spanning green hydrogen, solar, energy storage and advanced materials.
The company said it received intimation of the amalgamation from RNEL on January 22, 2026. The transaction does not involve any change in ultimate ownership, as all entities were step-down subsidiaries of Reliance Industries.
Reliance Industries has been using mergers and internal restructuring to align its corporate structure with its long-term strategy, particularly in capital-intensive and technology-driven businesses such as new energy, where scale and integration are critical.
The consolidation underscores Reliance’s intent to accelerate execution in its clean energy vertical while maintaining tighter operational and governance oversight under a single holding entity.