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RIL to pump ₹1.5 trn into petro, new energy
April 28, 2025
|Business Standard
Mukesh Ambani-led Reliance Industries Ltd (RIL) plans to invest ₹75,000 crore ($9 billion) each into its new energy business and petrochemical expansion, according to a company presentation.
In its FY25 result statement, Ambani said the company has laid a strong foundation for its projects in renewable energy and battery operations.
"In the coming quarters, we will see the transition of this business from incubation to operationalisation. I believe the new energy growth engine will create significant value for Reliance, for India and for the world," Ambani said.
The conglomerate has commissioned a 1-gigawatt heterojunction solar module manufacturing facility and aims to scale it to a fully integrated 10-gigawatt capacity by 2026. This expansion is expected to add ₹6,000 crore to RIL's earnings before interest, taxes, depreciation, and amortisation (Ebitda), it said.
هذه القصة من طبعة April 28, 2025 من Business Standard.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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