HomeIndustry NewsRIL-GoAP ink mega MoU

RIL-GoAP ink mega MoU

Published on

The GoAP has signed a landmark MoU with Reliance Industries, securing a Rs 65,000 Cr investment for Compressed Bio Gas (CBG) projects.

This partnership as per the government is set to generate 2.5 lakh employment opportunities in the state.

Out of Reliance’s national target of 2,000 CBG plants, 500 state-of-the-art CBG plants will be built throughout Andhra Pradesh over the next three years. ‘This will make our state a frontrunner in clean energy and sustainable development.

With Reliance’s commitment to enhancing lives and livelihoods in Andhra Pradesh, this partnership will also drive growth across multiple sectors.

By attracting such transformative investments, our Integrated Clean Energy Policy is proving instrumental in positioning our state as a preferred destination for industries – a swing in Andhra Pradesh’s favour’ said the chief minister Mr N Chandrababu Naidu.

spot_img

Latest articles

HSL to indigenously develop Ship Navigation, Electronics system

Hindustan Shipyard Limited (HSL) and Cyient DLM have signed a strategic Memorandum of Understanding...

Day 1 of CII summit fetches AP Rs 5.84 lakh cr in Investment Proposals

The first day of the 31st CII Partnership Summit 2026 in Visakhapatnam turned out...

Foreign delegates to savour Andhra’s culinary heritage at The Park

Before global investors and industry leaders gather in Visakhapatnam to discuss business and investment,...

GRSE & GSL bag contracts for 8 NGCs for Navy worth Rs 53,866 crs

The Ministry of Defence has signed contracts worth Rs 53,866.50 crore with Garden Reach...