Question: Reliance Industries Limited has signed an MoU with which state government for investment of Rs 5.955 lakh crore in various projects as part of the Investment Promotion Activity (IPA)?
(a) Uttar Pradesh
(b) Himachal Pradesh
(c) Gujarat
(d) Rajasthan
Answer: (c)
Related Facts:
- Reliance Industries Limited (RIL) signed an MoU with the Government of Gujarat for investment of Rs 5.955 lakh crore in various projects as part of the Investment Promotion Activity (IPA) for Vibrant Gujarat Summit 2022.
- These projects are expected to create 10 lakh direct/ indirect employment opportunities in Gujarat.
- RIL will help in setting up 100 GW Renewable Energy Power Plant and Green Hydrogen Eco-System in Gujarat in a 10-15 years span.
- A 100 GW renewable energy power project started in Kutch, Banaskantha and Dholera of Gujarat.
- RIL will invest another Rs 60,000 crore in setting up New Energy Manufacturing-Integrated Renewable Manufacturing. They are :-
1) Solar PV Module (manufacture of Polysilicon, wafer, cell & module)
2) Electrolyzer
3) Energy-storage Battery
4) Fuel Cells
BY: AMIT GUPTA