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| Picture Credit score: Reuters
Reliance Group led by Anil Ambani has introduced getting into right into a partnership settlement with Druk Holding and Investments Ltd. (DHI), the business and funding arm of the Royal Authorities of Bhutan, to undertake varied initiatives within the renewable and inexperienced power panorama of Bhutan.
“The partnership between Reliance Group and Druk Holding will concentrate on inexperienced power era, particularly photo voltaic and hydropower initiatives, whereas additionally exploring revolutionary inexperienced applied sciences,” Reliance Group mentioned in a press release.
It mentioned it would collaborate with government-owned corporations in Bhutan to implement infrastructure initiatives that assist Bhutan’s net-zero objectives.
The partnership settlement was signed on Wednesday (October 2, 2024) by Harmanjit Singh Nagi, President (Company Growth) of Reliance Energy Ltd. and Ujjwal Deep Dahal, CEO of Druk Holding and Investments, within the presence of Mr. Ambani.
On this event, Reliance Group introduced the institution of a brand new flagship firm, Reliance Enterprises which can completely promote funding in Bhutan’s renewable and inexperienced power sector.
Collectively promoted by Reliance Infrastructure Ltd. and Reliance Energy Ltd., Reliance Enterprises will concentrate on enhancing sustainable power options and implementing good distribution and metering programs all through Bhutan, Reliance Group mentioned.
Revealed – October 02, 2024 03:58 pm IST
