Reliance Industries To Invest $76 Billion In Indian Renewables

OilPrice.com | Jan 13, 2022 at 1:30 PM
  • India’s oil-to-telecoms conglomerate Reliance Industries plans to invest as much as $76 billion in green energy projects in India over the next 15 years, the group chaired by Asia’s richest man, Mukesh Ambani.
  • Now Reliance Industries, the largest company in India, plans to invest $68 billion (5 trillion rupees) over the next 15 years in the state of Gujarat to set up renewable and hydrogen projects of a total of 100 gigawatts (GW).
  • The total investment will amount to $81 billion (5.955 trillion rupees) and will also include an upgrade of the 5G network and investments in Reliance Retail.