RIL to invest Rs 1.5 trillion in new energy, petrochemical expansion

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RIL to invest Rs 1.5 trillion in new energy, petrochemical expansion - Business Standard

Quick Summary:

The company has commissioned its first gigawatt-scale solar module manufacturing line, already certified by BIS, with modules reaching up to 720 watt-peak — among the largest commercially available.

The solar modules are showing strong performance metrics, reinforcing Reliance’s push into integrated renewable energy manufacturing.

Mukesh Ambani-led Reliance Industries Ltd (RIL) plans to invest Rs 75,000 crore ($9 billion) each into its new energy business and petrochemical expansion, according to a company presentation.