Mukesh Ambani’s Reliance Industries announced Rs 75,000 crore investment to build its new energy business in 2021 and the acquisition of REC Solar Holdings was a part of it.
In the Electric Vehicle Race Reliance Is Placing A Large Bet On Sodium-Ion Cells; Will That Work swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
The oil-to-telecom conglomerate will invest Rs 5 lakh crore in the state to set up 100 gigawatts (GW) renewable energy power plant and green hydrogen ecosystem development, the firm said in a statement.
These projects are expected to create 10 lakh direct/ indirect employment opportunities in Gujarat, noted Reliance Industries Limited in an official statement.