Mukesh Ambani launches another Jio: RIL enters new energy biz with global aim; to invest Rs 75,000 cr

Mukesh Ambani launches another Jio: RIL enters new energy biz with global aim; to invest Rs 75,000 cr

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Reliance New energy, mukesh ambaniMukesh Ambani said the new energy business will bridge the energy divide.
(Image: REUTERS)

Reliance Industries Ltd Chairman Mukesh Ambani today laid out the roadmap, detailing how he plans to propel his new energy business and put India on the global renewable energy map. “In 2016 we launched Jio with an aim of bridging the digital divide in India. In 2021, we are launching the new energy business with the aim of bridging the green energy divide in India,” Mukesh Ambani said. The strategy roadmap put forth by Mukesh Ambani will see his oil-to-telecom conglomerate spend Rs 75,000 crore over three years to set up four Giga factories to develop a fully integrated, end-to-end renewables energy ecosystem out of Jamnagar.

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