Reliance Plans Rs 1 Lakh Crore Biogas Investment In Andhra Pradesh, Anant Ambani Projects Over 3 Lakh Jobs
Madanapalle: Reliance Industries plans to invest Rs 1 lakh crore in Andhra Pradesh to establish compressed biogas plants, executive director Anant M Ambani said. Speaking at the foundation ceremony for the Rayalaseema Horticulture Hub and Indian School of Agriculture, he said the projects could create over 3 lakh jobs. He projected nearly Rs 60,000 crore in revenue for the state over the coming…
Reliance Industries has pledged a staggering Rs 1 lakh crore investment in Andhra Pradesh to develop compressed biogas plants, according to executive director Anant M Ambani. Speaking at the inauguration of the Rayalaseema Horticulture Hub and Indian School of Agriculture, Ambani revealed that these projects could generate over 3 lakh jobs.
He projected an income of nearly Rs 60,000 crore for the state in the coming decades. The biogas plan is aimed at promoting cleaner energy and generating new income prospects for farmers. Compressed biogas (CBG) is a renewable fuel derived from organic materials like agricultural waste, animal dung, and food scraps. It can be used as an alternative to conventional natural gas in transportation, industry, and commerce. CBG also helps reduce reliance on imported fossil fuels and generates nutrient-rich manure.
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