RIL to set up 10 GW solar plant in Andhra
Billionaire Mukesh Ambani on Friday announced plans for setting up a 10 gigawatt solar plant in Andhra Pradesh as his oil-to-telecom conglomerate bets big on renewable sources which can be converted into carbon-free green hydrogen.
Speaking at the Andhra Pradesh Global Investors Summit, Ambani, CMD of Reliance Industries Ltd, said his group is investing Rs 40,000 crore for rollout of ultra-high speed 5G telephony network in the state.
Meanwhile, Adani Group will set up two new cement manufacturing plants, 15,000 MW of renewable power projects and a data centre in Andhra Pradesh as it looks to double down on its presence in the state, Karan Adani, founder family’s scion, said on Friday.
