News Karnataka
Thursday, May 02 2024
Biz-Talk

Reliance Industries Commits to TN Investments in Renewable Energy

Reliance
Photo Credit : IANS

Chennai : Chairman and Managing Director Mukesh D. Ambani of Reliance Industries Ltd. announced the company’s decision to increase its investments in green hydrogen and renewable energy in Tamil Nadu.

Ambani made the following statement via video conference on Sunday to the attendees of the Tamil Nadu Global Investors Meet-2024: “Reliance has committed to making new investments in Tamil Nadu in green hydrogen and renewable energy.” In order to protect Mother Earth from the climate catastrophe, we will collaborate closely with the state government to advance sustainable development.

He expressed confidence in the state government supporting the company’s forthcoming ventures.

Ambani said Reliance has opened nearly 1,300 retail stores across the state, investing over Rs 25,000 crore. Jio has invested over Rs 35,000 crore in Tamil Nadu, bringing the fruits of digital revolution to 35 million subscribers in every town and village in the state.

“Reliance has partnered with Canada’s Brookfield asset management and US-based Digital Reality to set up a state-of-the-art data centre, that will be opened next week,” he added.

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