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RIL to Invest in Renewable Energy, Green Hydrogen in Tamil Nadu

Reliance Industries Ltd (RIL) would be making new investments in renewable energy and green hydrogen areas in Tamil Nadu, chairman and managing director Mukesh Ambani said in a video message on January 7 at the Tamil Nadu Global Investor Meet (GIM) in Chennai.

 

The announcement comes at a time when the conglomerate is doubling down on its green energy push.

 

"We shall work closely with the state government to promote sustainable development, which is necessary to save Mother Earth from the climate crisis. I am confident that the state government will support our forthcoming initiatives with viable policies" he said.

 

RIL has committed to $10 billion of investment over three years in the new energy business, and becoming net carbon zero by 2035. The oil-to-retail giant aims to provide affordable green hydrogen as a viable alternative to traditional fuels.

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