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  • RNESL had signed a memorandum of understanding with Danish company Stiesdal
  • Ambani: Aiming to make India a global leader in photovoltaic manufacturing,

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Mukesh Ambani plans on investing Rs 75,000 crore over the next three years to build a new clean energy business to fuel the conglomerate’s commitment to be net carbon neutral by 2035.

 

Updated: Sep 02, 2022 10:53
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Editorji News Desk

Mukesh Ambani's green shopping bag has two new investments ... again

Reliance Industries has invested in German “green solar wafers” technology company NexWafe and signed a pact with Danish company Stiesdal as part of the conglomerate's aggressive strategy to expand its clean energy portfolio.

Our investment in NexWafe signals an important step towards accelerating India’s green energy transition and positioning India as a global leader in photovoltaic manufacturing,” RIL chairman Mukesh Ambani said in a statement.

With these investments, Reliance New Energy Solar Ltd has made 4 new investments in just the last 4 days. The announcements are in line with India's richest man's ambitious plans of investing Rs 75,000 crore over the next three years to build a new clean energy business to fuel the conglomerate’s commitment to be net carbon neutral by 2035.

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