Reliance's plan mirrors strategies of global oil majors such as Royal Dutch Shell Plc and BP Plc that have set a goal to become net zero carbon by 2050 amid pressure from investors and climate activists.
It will also invest 150 billion rupees in value chain and other partnerships relating to its new renewable energy business, he said.
The March imports, at about 1.12 million barrels per day, were 10.8% above the previous month, the data showed.
Reliance shipped in about 11% of its imports from Latin America, compared with 43% a year ago, as the private refiner has stopped buying Venezuelan oil under pressure from US sanctions, the data showed.
The blue chip NSE Nifty 50 index closed 1.27% lower at 14,721.30, while the benchmark S&P BSE Sensex fell 1.12% to end at 49,801.62. Both indexes have now posted four straight sessions of losses.
A rise in US bond yields has also limited gains for Nifty and Sensex this month to about 3%, versus a 6.6% jump in February.
Digital payments in India could rise to $135.2 billion in 2023, according to an Assocham-PWC India study in 2019.
Facebook and Google are already partnered with Reliance and own stakes in Jio Platforms - the unit which houses Reliance's music, movie apps and telecoms venture.
The NSE Nifty 50 index ended 0.77% higher at 15,097.35 and the S&P BSE Sensex closed up 0.51% at 51,039.31, ahead of December-quarter gross domestic product data due on Friday.
Reliance, which fell 3.5% on Monday, has since recovered and is up more than 4% so far this week.
Amazon's investment in Future Group came with contractual rights that include a right of first refusal and a non-compete-like pact.
Reliance said in August it would acquire the retail and wholesale business as well as the logistics and warehousing business of Future in a deal valued at $3.38 billion.
Due to unforeseen circumstances in the energy market and the Covid-19 situation, the deal (with Saudi Aramco) has not progressed as per the original timeline.
Reliance shares fell more than 6% after Ambani's comment on the Aramco deal. The shares closed down 3.8% at 1,844 rupees each.