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Reliance to Install 10 GW Solar Project in Andhra Pradesh

Ambani announced Reliance has invested over Rs 1.50 trillion in its KG D-6 assets, developing and supporting gas pipelines. He has plans to invest in Andhra Pradesh to set up a 10-gigawatt renewable solar energy project.

March 03, 2023. By EI News Network

Ambani proclaims at the inaugural session of the two-day Global Investors Summit 2023 that Reliance Industries group will be investing in Andhra Pradesh to set up a 10-gigawatt renewable solar energy project.

Ambani said that Reliance has been amidst the other corporate’s foresights the economic potential of Andhra Pradesh. Andhra Pradesh evolves as in the range of sectoral growth as innovation, incubation and leadership.

Ambani discussed that declaration will encourage investments and outlay in 10 GW of renewable solar project in Andhra Pradesh.

He added Reliance has invested over ₹1.50 lakh crore in its KG D-6 assets, developing and supporting gas pipelines. He discusses about the natural gas yielded by Reliance in the KG D-6 basin was propelling the nation’s clean energy transition and will share to around 30% of its gas production.

The state will ink Memorandums of Understanding (MOUs) for ₹11.5 lakh crore on the very first day of the investors summit.

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