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.