Reliance to invest $10.1 billion in new energy business over 3 years
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CHENNAI - Reliance Industries Ltd will invest 750 billion Indian rupees ($10.10 billion) in a new energy business over the next three years, Chairman Mukesh Ambani said in the company's annual general meeting with shareholders on Thursday.
Reliance will build solar manufacturing units, a battery factory for energy storage, a fuel cell-making factory and an electrolyzer unit to produce green hydrogen as a part of the business, Ambani said.
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