RIL to lead massive Rs 1 lakh crore investment
RIL to lead massive Rs 1 lakh crore investment

(20 second reading) Reliance Industries and L&T as well as energy companies Greenko Group and Welspun New Energy will be setting up green hydrogen and green ammonia units at Gujarat’s Deendayal Port Authority in Kandla.The project could see a cumulative investment of up to Rs 1 lakh crore which will be among the largest such investments in the sector and the energy infrastructure space in India.
Last month, DPA allotted the plots to the four companies, said the people cited above.
“DPA offered 14 plots with around 4,000 acres of land in total. Of this, RIL has been allotted six plots, L&T has been allotted five, Greenko Group has bagged two and Welspun New Energy has been allotted one plot. A formal announcement will be made in June after the polls.