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Home Investments Mukesh Ambani’s Reliance Might Double Funding in Clear Power {Hardware}

Mukesh Ambani’s Reliance Might Double Funding in Clear Power {Hardware}

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Mukesh Ambani’s Reliance Might Double Funding in Clear Power {Hardware}

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Reliance Industries Ltd. will think about doubling its funding in clear power {hardware} manufacturing as soon as present plans are achieved, Chairman Mukesh Ambani stated on the firm’s annual common assembly.

Reliance final 12 months unveiled a 750 billion-rupee ($9.four billion) plan to construct 4 factories at Jamnagar, residence to its petroleum refining complicated, to make photo voltaic panels, electrolyzers, gasoline cells and batteries. “As soon as confirmed at scale, we’re ready to double the funding to scale up our manufacturing ecosystem,” Ambani informed shareholders.

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