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Reliance Industries Expanding its Wind Power Equipment Business

Reliance Industries (RIL) is focusing on expanding its business with a wind power equipment factory to augment the conglomerate’s suite of clean energy products.

 

To this end, RIL is likely to partner with global leaders in renewable technology to offer cost-efficient turbines. By setting up this plant, it would boost the company's new materials and new energy businesses.

 

Currently, the company is developing a carbon-fibre plant, which is located in Gujarat to reduce raw-material expenses for blades.

 

Apart from wind turbine manufacturing, the oil and gas explorer with its expertise in deepwater fields, will build offshore wind projects.

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