Anil Ambani's Vision: A New Company and Major Investments in Bhutan's Green Energy Sector
Anil Ambani's Major Investment
Anil Ambani-led Reliance Group launched a new company, Reliance Enterprises, focusing on investments in Bhutan's renewable and green energy sector. This new venture is part of a larger plan to establish a 1270 megawatt solar and hydroelectric energy capacity.
Plans for Solar and Hydro Projects
- An investment of around $1 billion has been announced for renewable energy initiatives.
- The 500 MW solar power plant will be developed in two phases over the next two years.
- A collaboration for the 770 MW Chamkharchhu-1 hydro project is also underway.
Commitment to Sustainable Solutions
Reliance Enterprises is set to partner with Druk Holding, focusing on enhancing energy solutions and promoting sustainable development.
Long-term Goals and Strategic Partnerships
The partnership aims to align with Bhutan's net-zero goals while emphasizing economic growth and the well-being of the local communities. This collaboration reflects Reliance Group's dedication to Bhutan's renewable energy future.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.