Reliance Industries (RIL) has pledged to invest Rs 5.95 lakh billion in Gujarat to expand green energy infrastructure as well as other industries such as telecommunications and retail.
The investment, which will be spread out over 10 to 15 years, will aid in the construction of 100 GW of renewable energy power plants as well as a green hydrogen environment.
RIL has planned to invest Rs 60,000 crore in setting up green energy manufacturing capacity and creating an ecosystem for small and medium companies as part of an MoU inked with the Gujarat government during the Vibrant Gujarat Summit 2022. According to RIL, the anticipated investments are likely to create over 10 lakh direct and indirect job possibilities in the state.
