Reliance Industries Ambitious Plans to Invest in Renewable Energy and Green Hydrogen in Tamil Nadu

Reliance Industries Ambitious Plans to Invest in Renewable Energy and Green Hydrogen in Tamil Nadu

Renewable Energy and Green Hydrogen in Tamil Nadu

In a significant announcement, Mukesh Ambani, the Chairman of Reliance Industries, revealed the conglomerate’s plans to make substantial investments in renewable energy and green hydrogen in Tamil Nadu. Despite his absence from the Global Investors Meet held in the state, Ambani conveyed this strategic move through a video message, emphasizing Reliance’s commitment to sustainable development in collaboration with the Tamil Nadu government.

Highlighting Reliance’s contribution to Tamil Nadu’s growth, he mentioned establishing nearly 1,300 retail stores with an investment exceeding Rs 25,000 crores. Additionally, Jio, a subsidiary of Reliance, has invested over Rs 35,000 crores, extending the digital revolution to 35 million subscribers across towns and villages in the state. The billionaire magnate underscored Reliance’s ongoing partnerships, revealing collaborations with Canada’s Brookfield Asset Management and U.S.-based Digital Realty. Together, they are set to inaugurate a cutting-edge data center next week, signifying Reliance’s commitment to technological advancements and digital infrastructure.

Ambani’s announcement of new investments in Tamil Nadu emphasizes Reliance’s dedication to renewable energy and green hydrogen. He expressed the conglomerate’s commitment to collaborating closely with the state government to foster sustainable development. In his message, Ambani stressed the urgency of sustainable practices to address the global climate crisis, expressing confidence in the Tamil Nadu government’s support through viable policies.

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