India

Mukesh Ambani Plans to Make Gujarat Global Leader In Green Growth; Adani To Invest Rs 55,000 Cr In State

By
OB Bureau

New Delhi: Reliance Industries chairman Mukesh Ambani on Wednesday said that his company “was, is and will always remain a Gujarati firm”. He added that he’s a “proud Gujarati”. He was speaking at the 10th Vibrant Gujarat Global Summit in Gandhinagar. His company will help Gujarat meet half of the energy target, he added.

“Reliance has invested over Rs 12 lakh crore in creating world class assets and capacities across India in the last 10 years. Of this, more than one-third has been invested in Gujarat alone,” said Ambani.

“Reliance will continue to play a leading role in Gujarat’s growth story with significant investments in the next 10 years. Specifically, Reliance will contribute to making Gujarat a global leader in green growth. We will help Gujarat target to meet half of its energy needs through renewable energy by 2030,” he added.

Elaborating on the plans, the Reliance boss said, “For this, we have started building the Dhirubhai Ambani Green Energy Giga Complex over 5,000 acres in Jamnagar. This will generate a large number of green jobs and enable production of green products and materials, and will make Gujarat the leading exporter of green products. We are ready to commission this in the second half of 2024 itself.”

“Reliance will continue to play a leading role in Gujarat’s growth story with significant investments in the next 10 years. Specifically, Reliance will contribute to making Gujarat a global leader in green growth. We will help Gujarat target to meet half of its energy needs through renewable energy by 2030,” he added.

Elaborating on the plans, the Reliance boss said, “For this, we have started building the Dhirubhai Ambani Green Energy Giga Complex over 5,000 acres in Jamnagar. This will generate a large number of green jobs and enable production of green products and materials, and will make Gujarat the leading exporter of green products. We are ready to commission this in the second half of 2024 itself.”

He further said, “Reliance will make Gujarat a pioneer in new materials and circular economy. Reliance is setting up India’s first Carbon Fiber facility at Hazira.”

Speaking at the same event, another industrialist, Adani Group chairman Gautam Adani said that his company will invest Rs 55,000 crore till 2025 and over Rs 2 lakh crore over the next five years in Gujarat.

Adani also announced the construction of the world’s largest energy park in Kutch’s Khavda which is spread over 725 square kilometres and is visible from space.

OB Bureau

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