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RIL to invest $80 bn In Gujarat Green Energy

Reliance

As part of the investment promotion activities for the Vibrant Gujarat Summit 2022, Reliance Industries Limited (RIL) inked an MoU with the Gujarat government for a total investment of Rs 5.955 lakh crore ($80 billion).

These initiatives will generate a total of 10 lakh direct and indirect jobs in the state.

As part of the investment promotion activities for the Vibrant Gujarat Summit 2022, Reliance Industries Limited (RIL) inked an MoU with the Gujarat government for a total investment of Rs 5.955 lakh crore ($80 billion).

These initiatives will generate a total of 10 lakh direct and indirect jobs in the state.

RIL wants to invest Rs 5 lakh crore in Gujarat over the next 10 to 15 years to build a 100 GW Renewable Energy Power Plant and a Green Hydrogen Eco-System Development in order to make the state carbon free.

RIL will create an ecosystem to aid SMEs and encourage businesses to embrace new technologies and developments that will lead to the captive use of Renewable Energy and Green Hydrogen.

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