In Short : Reliance Industries (RIL) is focusing on new energy and petrochemicals as key growth drivers, committing ₹75,000 crore ($9 billion) to both sectors. RIL plans to expand its renewable energy portfolio with solar, battery storage, and green hydrogen projects. It is also enhancing its petrochemical operations to capitalize on margin recovery. These sectors […]
Essar Group Plans to Enter Solar & Wind Power Generation
It is looking for land near coastal areas Essar Group is exploring the state of Gujarat for several big-ticket projects. These include setting up a commercial port, new and emerging technologies, EV vehicles, lithium-ion manufacturing facility, renewable energy, petrochemicals and a steel project. The company has drawn out plans to invest about $5 billion (roughly […]
GAIL India looks at petrochemicals, renewables for growth
State-owned GAIL India Ltd NSE 1.51 % is eyeing expansion in petrochemicals, specialty chemicals and renewables to supplement growth in its core business of natural gas marketing and transportation, its chairman Manoj Jain has said. The nation’s largest gas marketer and shipper has adopted a revised strategic plan identifying priority business initiatives. “This strategic plan […]
