Corporate News
Reliance Industries to invest over Rs 5 lakh cr in green energy in Gujarat; scouting land for 100 GW projects

Mukesh Ambani’s Reliance Industries Ltd will invest nearly Rs 6 lakh crore in green energy and other projects in Gujarat, it said on Thursday. RIL has already begun scouting land for 100 GW renewable energy projects to be set up in the next 10-15 years. The company will also invest another Rs 60,000 crore to manufacture solar PV cells and other renewable energy equipment, it said. Oil-to-telecom conglomerate signed a MoU with the Gujarat government as part of investment promotion activity for Vibrant Gujarat Summit 2022. These projects will help generate 10 lakh employment opportunities in the state.

News Source:- https://www.financialexpress.com/industry/reliance-industries-to-invest-over-rs-5-lakh-cr-in-green-energy-in-gujarat-scouting-land-for-100-gw-projects/2405885/