Mega Reliance investment in Gujarat
Reliance Industries has signed an agreement with the Gujarat government to invest Rs. 5.95 lakh crore in the state in the next 10 to 15 years.
- The agreement was signed as part of investment promotion activities for the Vibrant Gujarat Summit 2022.
- Reliance Industries Limited (RIL) plans to set up 100 GigaWatt (GW) renewable energy power plants and a green hydrogen ecosystem in the state with an investment of Rs. 5 lakh crores.
- It will invest Rs. 60,000 crore in setting up manufacturing facilities for solar Photovoltaic(PV) modules, battery, fuel cells and electrolyzers.
- RIL has set up the world's largest oil refinery complex at Jamnagar, Gujarat.
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