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RIL Q2 Result: Reliance partners with world’s leading companies for 100 GW solar energy


New Delhi. Reliance Jio and Google are working together to make JioPhone Next widely available during the festive season of Diwali. Reliance Industries gave this information in the financial results of September 21 quarter on Friday.

According to Reliance Industries, it has focused on solar energy. The company is committed to install 100 GW of solar power in India by 2030. For this, recently Reliance New Energy Solar (RNESL) has partnered with NexWafe of Germany. NexWafe is developing and manufacturing monocrystalline silicon wafers. Similarly, Reliance New Energy Solar also decided to acquire 40 percent stake in Sterling & Wilson Solar.
Read also: RIL Q2 Result: Reliance’s profit rises 46% to 15,479 crores, 50% jump in income

Solid progress in new energy and new materials business: Ambani
The company’s chairman Mukesh Ambani said that it is happy to inform that Reliance has made a strong performance in the second quarter of FY 2022. Our operational and financial performance reflects the rapid recovery in the retail segment and continued growth in the oil-to-chemicals (O2C) and digital services business, he added.
Target of “Net Carbon Zero” by 2035
Our aim is to create such green solutions together so that we can secure the future of the earth and also ensure that every Indian along with the world gets an equal share in development.
Ambani said that India became the leader of green energy in the world, that is why we have invested in the best companies of the world working in the field of solar and green energy. He said that he is confident that he will be able to achieve his ambitious goal of becoming “Net Carbon Zero” by the year 2035.
40 lakh campuses connected with Jio Fiber
Jio Fiber is continuously intensifying efforts to reach customers every month. More than 40 lakh campuses have been connected with JioFiber so far. Reliance Jio’s optical-fibre network is now present outside around 1 crore 60 lakh campuses.

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Orignally published at Tailored Stash

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