Reliance Industries plans a massive Rs 65,000 crore investment in Andhra Pradesh for 500 biogas plants.

Reliance Industries plans a Rs 65,000 crore investment in Andhra Pradesh to build 500 compressed biogas plants over five years, marking its largest clean energy investment outside Gujarat. Each plant, costing Rs 130 crore, will be built on wasteland, potentially creating 250,000 jobs. The Andhra Pradesh government is offering incentives like a 20% capital subsidy and tax reimbursements to attract investments in biofuel projects.

November 12, 2024
14 Articles