WHY RELIANCE INDUSTRIES INVEST MORE IN GREEN ENERGY?
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RIL is largest private sector company and core unit of the Reliance Group situated in Mumbai. Reliance industries limited move toward to invest more in green energy.
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RIL include business like Energy, Petrochemicals, Natural Gas, Retail, Entertainment, Telecommunication, Mass Media & Textile.
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Ambani said that in her RIL annual report FY24 our new energy and new materials business is positioned to become one of the leading providers of green energy globally as well as a key contributor to India's 2070 net zero objective.
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Billions of dollars investing for green energy system is situated 35km away from Jamnagar Gujarat. The business is seeking the chance to develop a complete hydrogen ecosystem for Transportation or Mobility.
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The use of green hydrogen in the shipping industry would be the subject of pilot projects approved by the Indian President with a financial cost of INR 115 crore ($13.85 million) until FY 2025–2026.