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Reliance’s New Energy Plan Can Be Bolder
RIL’s strategy to foray into clean energy tech is modest & cautious compared to global peers, write Neelima Jain & Lachlan Carey.
06 Jul 2021, 08:18 AM IST
On June 24, Indian oil major Reliance Industries Ltd. announced a $10 billion investment in the production of low carbon technologies. In the face of a gradually declining fossil industry, growing momentum for clean energy investment, and supporting federal incentives, RIL’s move is merely imminent. While the company’s intent to scale and integrate emerging technologies, such as green hydrogen and fuel cells, is impressive, we’re at ...
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