News > Reliance to invest $80 billion in green energy projects in Gujarat

Reliance to invest $80 billion in green energy projects in Gujarat

Economic Times | 13/01/2022 07:00 PM | Click to read full article

Reuters India's Reliance Industries Ltd said on Thursday it would invest Rs 5.95 lakh crore ($80.49 billion) in green energy and other projects in the western state of Gujarat, as the conglomerate targets net-zero carbon emissions by 2035.

The company will invest Rs 5 lakh crore over a span of 10 to 15 years to set up a 100 gigawatts renewable energy power plant and has already started scouting land for the project, it said in a filing to the stock exchanges.