MARKETS

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.

File photo: solar panels in India

File photo: solar panels in India

The agreement is harmonious with the Modi government's decarbonisation push. India has adopted a 2070 net zero target; while Reliance is targeting 2035.  The centrepiece of the new agreement is 100GW...

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