India's Reliance Ltd flags US$80 billion for decarbonisation

INDIA's Reliance Industries has minted an agreement with the Indian state government of Gujarat, worth some USD$80 billion, to invest in green energy technologies between 2022 and 2037.

India's Reliance Ltd flags US$80 billion for decarbonisation India's Reliance Ltd flags US$80 billion for decarbonisation India's Reliance Ltd flags US$80 billion for decarbonisation India's Reliance Ltd flags US$80 billion for decarbonisation India's Reliance Ltd flags US$80 billion for decarbonisation

File photo: Narendra Modi

The agreement is harmonious with the Modi government's decarbonisation push. India has adopted a 2070 net zero target; while Reliance is targeting 2035.